Favorite Listings
Sherman, TX 75090
$950,000

About this home

Stable NNN Restaurant Investment – Long-Term Tenant in Place
Rare opportunity to acquire a proven, income-producing restaurant property in Sherman, Texas. Family-owned Tex-Mex concept operating successfully at this location since 1998 and consistently voted Best Mexican Food in Sherman.
Property includes building and ±0.67 acres and is leased on a NNN structure, providing passive income with limited landlord obligations (roof and parking lot). Long-term tenant desires to remain, offering continued operational stability.

Major capital improvements completed:

· New roof (2023)
· Three new HVAC units totaling 20 tons (2023)
· Cast iron plumbing replaced with PVC (2026)
· Ongoing parking lot maintenance and resurfacing

Ideal for investors seeking durable cash flow, minimal deferred maintenance, and a strong-performing tenant. Listing agent is a member of the LLC that owns the property.

***THIS IS AN ON-GOING BUSINESS AND OCCUPANTS MUST NOT BE DISTURBED. No interaction with employees is allowed. To view, make appointment with showing service

Overview

Full Baths
Available to members — sign in to view this detail.
Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
4932
Living Area
0
Lot Size (Acres)
0.67
Property Subtype
Retail
Property Type
Commercial Sale
Status
Active
Year Built
1973

Interior

Accessibility Features
Accessible Approach with Ramp
Cooling
Central Air, Ceiling Fan(s), Electric, Multi Units
Fireplaces
0
Flooring
Carpet, Concrete, Ceramic Tile
Heating
Central, Natural Gas

Exterior & Construction

Construction
Board & Batten Siding, Brick
Foundation
Slab
Lot Features
Interior Lot, Landscaped, Level
Roof
Metal

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Sherman
County
Grayson
ZIP Code
75090
State
TX
Subdivision
Sherman Bus Centerrp

Financial

Price
950000

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available

Listing Details

Listing Agent
Tony Fortner
Listing Office
The Michael Group
MLS #
21348527
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21348527

Listing agents

Listing AgentTony FortnerThe Michael Group

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