Office Space - For Sale
600 East Peyton Street Sherman, TX 75090
Details & Description
Price: $1,503,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 1.870
  • Building Sq Ft 11,882
  • Building Price per Sq Ft $126.49
  • Land Sq Ft 81,457
  • Land Price per Sq Ft $18.45
The GSA Social Security Office in Sherman is an attractive Class A office building which was constructed as a build-to suit for the SSA in 2006. Interiors consist of heavy tile flooring with wood accent trim throughout the facility. A large open floor-plan area was constructed to facilitate an attractive work space area filled with attractive GSA work-stations for these government employees. The property is well-landscaped with trees shrubs and grass and site improvements include concrete sidewalks, a flag-pole and irrigation system. The building features an energy management system which controls the HVAC and lighting systems.HighlightsLocated in Grayson County Seat City of Sherman, Tx15 Year Single Tenant Lease with minimum of 10 Yrs7.75% Cap Rate with annual CPI Increase Escalatorfor $1,503,000 on situated 1.87 Acres of Land.
Listing Agents
Bruce Marshall
SVN Commercial Real Estate Adv
O: 214-261-6306
M: 214-356-5662
bruce.marshall@svn.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

600 East Peyton Street

Sherman, TX 75090

600 East Peyton Street

Listing ID: 206401
$1,503,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 1.870
  • Building Sq Ft 11,882
  • Building Price per Sq Ft $126.49
  • Land Sq Ft 81,457
  • Land Price per Sq Ft $18.45
  • 600 East Peyton Street Sherman, TX 75090 | for Sale | Photo 1
  • 600 East Peyton Street Sherman, TX 75090 | for Sale | Photo 2
  • 600 East Peyton Street Sherman, TX 75090 | for Sale | Photo 3
600 East Peyton Street | for Sale | Thumbnail 1
600 East Peyton Street | for Sale | Thumbnail 2
600 East Peyton Street | for Sale | Thumbnail 3
Description

The GSA Social Security Office in Sherman is an attractive Class A office building which was constructed as a build-to suit for the SSA in 2006. Interiors consist of heavy tile flooring with wood accent trim throughout the facility. A large open floor-plan area was constructed to facilitate an attractive work space area filled with attractive GSA work-stations for these government employees. The property is well-landscaped with trees shrubs and grass and site improvements include concrete sidewalks, a flag-pole and irrigation system. The building features an energy management system which controls the HVAC and lighting systems.

Highlights

Located in Grayson County Seat City of Sherman, Tx

15 Year Single Tenant Lease with minimum of 10 Yrs

7.75% Cap Rate with annual CPI Increase Escalator

for $1,503,000 on situated 1.87 Acres of Land.

Listing Demographics for 600 East Peyton Street Sherman, TX 75090

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,64132,90744,761
Population Median Age383738
Population by Age0-9 Yrs676 (11%)4494 (13%)6022 (13%)
10-19 Yrs944 (16%)4852 (14%)6576 (14%)
20-29 Yrs716 (12%)4915 (14%)6434 (14%)
30-39 Yrs637 (11%)3825 (11%)5053 (11%)
40-49 Yrs580 (10%)4158 (12%)5562 (12%)
50-59 Yrs842 (14%)4175 (12%)5802 (12%)
60-69 Yrs615 (10%)3449 (10%)4830 (10%)
70+ Yrs630 (11%)3039 (9%)4482 (10%)
Median HH Income$44,877$45,417$47,867
Total Household Income< 24K576 (27%)3070 (25%)3905 (23%)
25-49K522 (24%)3353 (28%)4672 (28%)
50-74K586 (27%)2430 (20%)3319 (20%)
75-99K192 (9%)1303 (10%)1837 (11%)
100-199K233 (10%)1502 (12%)2358 (14%)
200K+12 (0%)239 (2%)446 (2%)
Highest Education LevelNo Diploma50332124042
Diploma or GED92561318085
Some College106056247831
Assoc. Degree42220172878
Bachelors Degree55428514073
Higher Degree18512562032
Total Housing Units2,47613,64518,703
--Owner-Occupied1,0586,2788,941
--Renter-Occupied1,0635,6197,596
Owner-Occupied Values< 100K49628143641
100-199K36219612838
200-299K1197821237
300-399K46386651
400-499K0158275
500K+34178299
Total Working Age Population4,46625,64934,886
In Work Force2,95116,32121,997
Not In Work Force1,5159,32812,889
Workforce Employed2,77015,63121,015
Workforce Unemployed177659900
Civlian Workforce2,94716,29021,915
Military Workforce43282
Total Households2,12111,89716,537
Family Households1,2137,42810,321
Non-Family Households9084,4696,216
Married Couple7754,8787,021
Other Family4382,5503,299
Married w/Child3161,8872,889
Single Male w/Child33395504
Single Female w/Child1941,1241,444

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Oklahoma3,450,654+93,751,351+74,024,202+74,302,501
Bryan County36,534+1642,416+845,741+749,166
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Grayson County110,595+9120,877+9131,710+7140,903

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Office Space Listings for Sale Nearby
Address Price Sq Ft Acres
200 North Travis Street, Sherman, TX CALL 58630 2.11
1801 N Stonebridge Dr Unit 201, McKinney, TX $426,725 1313 3.8
1801 N Stonebridge Dr Unit 203, McKinney, TX $438,750 1350 3.8
1801 N Stonebridge Dr Unit 202, McKinney, TX $438,750 1350 3.8
210 North Tennessee Street, McKinney, TX $4,700,000 16940 0.23
201 West Virginia Street, McKinney, TX $1,895,000 5700 -
2781 Virginia Parkway, McKinney, TX $2,001,000 8700 0.76
300 E Davis St, McKinney, TX CALL 58800 2.13
2318 N Ridge Rd, McKinney, TX CALL 10000 -
210 Adriatic Parkway, McKinney, TX $4,050,000 15070 -
Closest Commercial Airports
Airport Distance (mi)
Dallas Love Field (DAL) 58
Dallas Fort Worth International Airport (DFW) 58
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 111
Listing Agent
Bruce Marshall - CRE Agent at SVN Commercial Real Estate Adv

Bruce Marshall

SVN Commercial Real Estate Adv
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