5010 Texoma Pkwy Sherman, TX 75090

This exceptional car wash opportunity in Sherman, Texas, presents a compelling investment prospect. The property encompasses a 2,700 square foot building situated on a 0.05733-acre lot at 5010 Texoma Parkway. Benefitting from a daily traffic count of 15,195 vehicles, this location enjoys high visibility and accessibility. The car wash utilizes an ICS Carwash System, and all site lighting was upgraded to energy-efficient LED in 2022. This asset-only sale presents a turnkey operation ready for immediate revenue generation. Sherman, Texas, is experiencing significant population and economic growth, with projections suggesting a potential doubling of the population within the next five to ten years. The city's average household income within a one-mile radius is $97,372, indicating a strong consumer base. Furthermore, Sherman's burgeoning semiconductor industry, fueled by investments from companies like GlobiTech and Texas Instruments, is creating numerous high-paying jobs. The city's proximity to entertainment venues, including a planned Margaritaville Resort and Hard Rock Hotel at Lake Texoma, further enhances its appeal and potential for future growth. This property is available for sale individually or as part of a three-property portfolio that also includes locations in Edmond, Oklahoma, and New Braunfels, Texas. The asking price is $1,100,000.