www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31772619

Medical Drive, Sherman, TX 75092

DB
CA 02108110
CrownPoint Partners
JS
CA 02074212
CrownPoint Partners
Listed by CrownPoint Partners
$3,645,563
50 days on market
Updated 50 days ago

THE NEIGHBORHOOD CLINIC · Dallas MSA

Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 3,400
Net Rentable (SqFt) 3,560
Cap Rate 8.00%
NOI $291,645
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Walgreens (+43)
Lease Type Absolute NNN
Lease Term 30
Remaining Term 30
Rent Bumps Yes
Lease Options 4-5
Year Built 2005
Year Renovated 2026
Buildings 1
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Listing Contacts

DB
CA 02108110
CrownPoint Partners
JS
CA 02074212
CrownPoint Partners
Listed by CrownPoint Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,645.00
$24,303.75/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591