1824 Texoma Pky - Fast Food FOR SALE


Sherman, TX 75090
$2,800,000 USD
512-277-5924
1824 Texoma Pky, Sherman, TX for Sale
$2,800,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

1824 Texoma Pky
Sherman, TX 75090


HIGHLIGHTS

  • New 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income.
  • Structured rent escalations of 10% every 5 years ensure strong long-term income growth.
  • Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
  • Rent was underwritten against actual unit-level operating results rather than set to maximize sale proceeds.
  • Texas Instruments began production at SM1, the 1st of 4 planned 300mm semiconductor fabs in Sherman, in December 2025.
  • GlobalWafers opened its $3.5 billion Sherman plant in 2025, the 1st advanced high-volume 300mm silicon wafer facility built in the United States.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 2,518 SF Chicken Express located at 1824 Texoma Parkway in Sherman, TX. The offering features a new 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income. With a secure lease structure and minimal management obligations, the property presents a compelling investment opportunity for stable, long-term cash flow. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$1,112 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chicken Express - Sherman, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C-2

APN/PARCEL ID

157513

ASK ABOUT THIS PROPERTY

Will SchuhmacherSands Investment Group Austin, LLCMore Info
512-277-5924

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Will SchuhmacherSands Investment Group Austin, LLCMore Info
512-277-5924

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.