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5922 Texoma Pky
1,208 SF of Retail Space Available in Sherman, TX 75090
Highlights
- Frontage on Texoma Parkway (~13,000 vehicles per day)
- C-2 Commercial Zoning
- Abundant parking with updates being made to the asphalt
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,208 SF | Negotiable | $19.80 /SF/YR $1.65 /SF/MO $213.13 /m²/YR $17.76 /m²/MO $1,993 /MO $23,918 /YR | Plus All Utilities |
1st Floor
1,208 SF of retail space available for lease
- Listed lease rate plus proportional share of utilities
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5922 Texoma Pky , Sherman, TX 75090
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Auto Dealership | Construction Status | Under Renovation |
| Gross Leasable Area | 1,208 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 1,208 SF |
| Year Built | 1900 |
| Construction Status | Under Renovation |
About the Property
Here is an opportunity to lease a commercial property on Texoma Parkway with a small office and plenty of paved parking. With over an acre of land, this site would be perfect for a car sales or rental, outdoor material storage, or ATV sales. The site has excellent visibility from Texoma Parkway, which sees over 13,000 vehicles per day and is a hub for commercial business. C-2 zoning allows for a broad range of different commercial uses. The site is less than 1500 feet from Highway 691, and one mile from US Highway 75. Surrounding businesses include TAPS Public Transit, Graham Truck Centers, Clayton Homes, and Oncor Electric. (Owners are in the process of updating the building and making repairs to the asphalt and would consider tenant improvements in return for reduced rent. Please call for more details.)
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Noel Cobb - Bertholf Commercial Real Estate
Presented by
Bertholf Commercial Real Estate
5922 Texoma Pky
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