Office Space
600 East Peyton Street Sherman, TX 75090
Details & Description
Price: $1,503,000
    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

    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
    • 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
    Building Size: 11,882 SF
    Lot Size: 1.870 AC
    Land Size: 81,457 SF
    Building $/SF: $126.49
    Land $/SF: $18.45
    Price
    $1,503,000
    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.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Mckinney History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Sherman Area Market Trends

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 600 East Peyton Street in Sherman?
    The asking price for 600 East Peyton Street is $1,503,000
    What is the building size of this Office property in Sherman, TX?
    The size of the building/unit at 600 East Peyton Street in Sherman is 11,882 square feet
    How much land does the Sherman, TX property at 600 East Peyton Street include?
    600 East Peyton Street in Sherman includes 1.870 acres of land
    What kind of Office is the propery at 600 East Peyton Street?
    The property at 600 East Peyton Street Sherman, TX 75090 is listed as a Professional Office property
    What is the population within 1 mile of 600 East Peyton Street in Sherman?
    The population within 1 mile of 600 East Peyton Street Sherman, TX 75090 is 5,641 people.
    Who do I contact for questions about 600 East Peyton Street?
    You should contact the listing agent, Bruce Marshall, for any details regarding this commercial listing.

    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