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About the Listing MIGR01DA - 0395080
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
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central Air,Electric,Multi Units
- Heating: Central,Natural Gas
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Interior Lot,Landscaped,Level,.5 to < 1 Acre
- Garage Capacity: N/A
- Lot Dimensions: 185x228
- Zoning: COMMERCIAL
- Roof: Metal
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,Asphalt,Gravel,Off Street,On Site,Parking Lot,Paved,See Remarks
Financial Details
- Tax Amount: $12,776
- Taxes w/Assessments: N/A
- Tax/Property ID: 156862
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2124 Texoma Pkwy Sherman, TX 75090
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