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Executive Summary

The retail property on East Taylor Street and North Loy Lake Road incorporates three contiguous parcels at northwest corner. The regional draw of The Shops at Taylor on Loy Lake Road features a large-format anchor box and a modern pad site along one of Sherman’s busiest retail corridors. Shops at Taylor is anchored by national retailers such as Ollie’s, Dollar Tree and Planet Fitness, benefiting from a signalized intersection, strong daily traffic and proximity to Sherman Town Center.
Immediately adjacent, 721 E Taylor St features an approximately 47,000-square-foot box that formerly housed Hobby Lobby and Kroger—with dock doors, abundant surface parking, and a configuration well suited for big-box retail, grocer, fitness or entertainment uses.
The site also features a pad site with a newer-construction, drive-thru–oriented building on a commercial lot of roughly one-half acre, ideal for QSR, beverage or freestanding retail tenancy.
These three parcels create a retail investment or redevelopment opportunity with multiple access points, strong regional co-tenancy and flexible repositioning potential in one of Texoma’s most established retail nodes.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
23,510 SF
Building Class
C
Year Built
1984
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
91 Spaces (3.87 Spaces per 1,000 SF Leased)
Frontage
307’ on North Loy Lake Road

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,500 SF
  • Retail
  • In-Line
  • Now

The retail space available within the Shops at Taylor is located in a high growth market and shadow anchored by strong credit tenants including Ollie’s, Planet Fitness, and Dollar Tree.

Space Size Space Use Position Available
1st Floor 1,500 SF Retail In-Line Now

1st Floor

Size
1,500 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 1,500 SF
Space Use Retail
Position In-Line
Available Now

The retail space available within the Shops at Taylor is located in a high growth market and shadow anchored by strong credit tenants including Ollie’s, Planet Fitness, and Dollar Tree.

Nearby Major Retailers

Simmons Bank
Taco Bueno
Texas Roadhouse
Chili's Grill & Bar
Golden Corral
Planet Fitness
Piggly Wiggly
Kroger
Woodforest National Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
156597
Land Assessment
$364,597
Improvements Assessment
$1,037,872
Total Assessment
$1,402,469
  • Listing ID: 39769614

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 2000-2032 N Loy Lake Rd, Sherman, TX 75090

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