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3415 N Loy Lake Rd 3,400 SF Office Building Sherman, TX 75090 $850,000 ($250/SF)
Investment Highlights
- 10 medical exam rooms, 3.5 restrooms, several common areas and storage spaces
- 23 parking spaces completely repaved in 2024
- Easily accessible from Highway 75 (~55,000 vpd) and Highway 82 (~20,000 vpd)
- Four-zone HVAC system
- Hard corner location adjacent to Sherman Town Center and Sherman Commons with exposure to over 10,400 vpd
- Ideal for professional office/medical clinic with option for multi tenant use
Executive Summary
-10 medical exam rooms, 3.5 restrooms, several common areas and storage spaces
-Four-zone HVAC system
-23 parking spaces completely repaved in 2024
-Hard corner location adjacent to Sherman Town Center and Sherman Commons with exposure to over 10,400 vpd
-Easily accessible from Highway 75 (~55,000 vpd) and Highway 82 (~20,000 vpd)
-Surrounding businesses include Baylor Scott & White Surgical Hospital, Pecan Point Assisted Living, Hilltop Pediatrics, Surgical Innovations of Texoma, US Dermatology, North --Texas Center for Women’s Health, & Innovation Surgical Solutions
-Ideal for professional office/medical clinic with option for multi tenant use
-Clear-span attic (east side) designed for potential second floor
-Four-zone HVAC system
-23 parking spaces completely repaved in 2024
-Hard corner location adjacent to Sherman Town Center and Sherman Commons with exposure to over 10,400 vpd
-Easily accessible from Highway 75 (~55,000 vpd) and Highway 82 (~20,000 vpd)
-Surrounding businesses include Baylor Scott & White Surgical Hospital, Pecan Point Assisted Living, Hilltop Pediatrics, Surgical Innovations of Texoma, US Dermatology, North --Texas Center for Women’s Health, & Innovation Surgical Solutions
-Ideal for professional office/medical clinic with option for multi tenant use
-Clear-span attic (east side) designed for potential second floor
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,400 SF
Building Class
B
Year Built
1984
Price
$850,000
Price Per SF
$250
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,400 SF
Building FAR
0.17
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Parking
25 Spaces (7.35 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- North Texas Foot Care Associate
- Wholesaler
- -
- -
- Triple Net
- Jul 2022
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| North Texas Foot Care Associate | Wholesaler | - | - | Triple Net | Jul 2022 |
1 1
Property Taxes
| Parcel Number | 154695 | Improvements Assessment | $397,379 |
| Land Assessment | $182,621 | Total Assessment | $580,000 |
Property Taxes
Parcel Number
154695
Land Assessment
$182,621
Improvements Assessment
$397,379
Total Assessment
$580,000
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3415 N Loy Lake Rd
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