Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a stabilized multi-tenant mixed-use center in Sherman, Texas. The property is comprised of six buildings totaling 23,337 square feet on 2.6 acres. The buildings were constructed consecutively between 2002 and 2006, and all have metal roofs. The subject property is located on East Evergreen Street just off U.S. Route 75 (North Sam Rayburn Freeway), with traffic counts exceeding 75,000 vehicles per day. The property also has access from Vernon Holland Memorial Drive. Numerous national and regional retailers are in the area, including Burger King, Kroger, Sonic, Walgreens, Rent-A-Center, AutoZone, Taco Bell, Save a Lot, Taco Casa, Metro PCS, Planet Fitness, Goodwill, CVS, Napa Auto Parts, Sherwin-Williams, Advance Auto Parts, Pizza Hut, Wells Fargo, Lowe’s, IHOP, Texas Roadhouse, Chili’s, and many more. Sherman is located about 65 miles northeast of Dallas and is the county seat of Grayson County. It is one of the principal cities in the Sherman-Denison Metropolitan Statistical Area. Sherman is served by two U.S. Highways: US 75 (North Sam Rayburn Freeway) and US 82. It is also served by three Texas State Highways, which extend beyond Grayson County: State Highway 11, State Highway 56, and State Highway 91 (Texoma Parkway) which is one of the main commercial strips that connects Sherman and Denison and also extends to Lake Texoma.