Retail Space
2121 Farm to Market Road 1417 Sherman, TX 75092
Details & Description
Call for Pricing
    SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire Canyon Creek Shopping Center (the “Property”), an 18,885 SF, hard corner retail center located across from Walmart Neighborhood Market in Sherman, TX. The Property is 100% leased with average rents of $11.83 PSF NNN, shallow bay depth, average suite size of 1,888 SF and two (2) large pylon signs fronting Heritage Parkway. Offered at an attractive 7.65% cap rate, Canyon Creek Shopping Center is priced significantly below replacement cost at $144.40 PSF.
    Listing Agents
    Tommy Tucker

    O: 214-960-4545
    M: 214-960-2887
    ttucker@shopcompanies.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.

    2121 Farm to Market Road 1417

    Sherman, TX 75092

    Listing ID: 256380
    • 2121 Farm to Market Road 1417 Sherman, TX 75092 | for Sale | Photo 1
    • 2121 Farm to Market Road 1417 Sherman, TX 75092 | for Sale | Photo 2
    2121 Farm to Market Road 1417 | for Sale | Thumbnail 1
    2121 Farm to Market Road 1417 | for Sale | Thumbnail 2
    Building Size: 18,885 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire Canyon Creek Shopping Center (the “Property”), an 18,885 SF, hard corner retail center located across from Walmart Neighborhood Market in Sherman, TX. The Property is 100% leased with average rents of $11.83 PSF NNN, shallow bay depth, average suite size of 1,888 SF and two (2) large pylon signs fronting Heritage Parkway. Offered at an attractive 7.65% cap rate, Canyon Creek Shopping Center is priced significantly below replacement cost at $144.40 PSF.

    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 Retail Space for Sale

    Sherman Area Market Trends

    Listing Demographics for 2121 Farm to Market Road 1417 Sherman, TX 75092

    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 Population5,08026,41143,547
    Population Median Age413837
    Population by Age0-9 Yrs642 (12%)3337 (12%)5908 (13%)
    10-19 Yrs430 (8%)4072 (15%)6479 (14%)
    20-29 Yrs799 (15%)3882 (14%)6417 (14%)
    30-39 Yrs614 (12%)3056 (11%)5005 (11%)
    40-49 Yrs624 (12%)3202 (12%)5428 (12%)
    50-59 Yrs519 (10%)3187 (12%)5516 (12%)
    60-69 Yrs823 (16%)3076 (11%)4636 (10%)
    70+ Yrs629 (12%)2599 (9%)4158 (9%)
    Median HH Income$56,885$48,478$47,213
    Total Household Income< 24K283 (13%)2343 (24%)3778 (23%)
    25-49K561 (27%)2616 (27%)4555 (28%)
    50-74K449 (21%)1949 (20%)3136 (19%)
    75-99K284 (13%)1066 (11%)1763 (11%)
    100-199K412 (20%)1446 (14%)2245 (14%)
    200K+63 (3%)259 (2%)418 (2%)
    Highest Education LevelNo Diploma32022093972
    Diploma or GED84244657776
    Some College94847497632
    Assoc. Degree42417032801
    Bachelors Degree78625913811
    Higher Degree32212661916
    Total Housing Units2,19411,08418,079
    --Owner-Occupied1,1604,8578,448
    --Renter-Occupied8924,8237,446
    Owner-Occupied Values< 100K25217063563
    100-199K46716672601
    200-299K1987171117
    300-399K169424610
    400-499K62172267
    500K+11170290
    Total Working Age Population4,19120,75733,825
    In Work Force2,76312,98721,497
    Not In Work Force1,4287,77012,328
    Workforce Employed2,67712,35620,483
    Workforce Unemployed66566931
    Civlian Workforce2,74312,92221,414
    Military Workforce216584
    Total Households2,0529,68015,894
    Family Households1,3515,8789,957
    Non-Family Households7013,8025,937
    Married Couple1,0403,9836,724
    Other Family3111,8953,233
    Married w/Child3291,5872,819
    Single Male w/Child76243499
    Single Female w/Child968521,413

    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 building size of this Retail property in Sherman, TX?
    The size of the building/unit at 2121 Farm to Market Road 1417 in Sherman is 18,885 square feet
    How much land does the Sherman, TX property at 2121 Farm to Market Road 1417 include?
    2121 Farm to Market Road 1417 in Sherman includes 2.000 acres of land
    What kind of Retail is the propery at 2121 Farm to Market Road 1417?
    The property at 2121 Farm to Market Road 1417 Sherman, TX 75092 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 2121 Farm to Market Road 1417 in Sherman?
    The population within 1 mile of 2121 Farm to Market Road 1417 Sherman, TX 75092 is 5,080 people.
    Who do I contact for questions about 2121 Farm to Market Road 1417?
    You should contact the listing agent, Tommy Tucker, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Love Field (DAL) 57
    Dallas Fort Worth International Airport (DFW) 57
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 109