Andy Flack
HomeLand Properties, Inc.
Stable NNN Restaurant Investment – Long-Term Tenant in Place
Rare opportunity to acquire a proven, income-producing restaurant property in Sherman, Texas. Family-owned Tex-Mex concept operating successfully at this location since 1998 and consistently voted Best Mexican Food in Sherman.
Property includes building and ±0.67 acres and is leased on a NNN structure, providing passive income with limited landlord obligations (roof and parking lot). Long-term tenant desires to remain, offering continued operational stability.
Major capital improvements completed:
· New roof (2023)
· Three new HVAC units totaling 20 tons (2023)
· Cast iron plumbing replaced with PVC (2026)
· Ongoing parking lot maintenance and resurfacing
Ideal for investors seeking durable cash flow, minimal deferred maintenance, and a strong-performing tenant. Listing agent is a member of the LLC that owns the property.
***THIS IS AN ON-GOING BUSINESS AND OCCUPANTS MUST NOT BE DISTURBED. No interaction with employees is allowed. To view, make appointment with showing service
Directions: From the North, go south on 75 to Hwy 82. Go east and exit Texoma Pkwy and go south. Go through Peyton St intersection, then Property is on your right Coming from the south, go North on 75 and exit Texoma Pkwy and go North, past E. Taylor St. It will be on your left. Make a U-turn at Peyton St.
Andy Flack
HomeLand Properties, Inc.
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: August 7, 2026 at 12:00:00 AM UTC
Listed By: Tony Fortner of The Michael Group