Property Name

Canyon Creek Shopping Center

GLA 18,885 SF

Percent Leased 100% Leased

Property Description

SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire Canyon Creek Shopping Center (the “Property”), an 18,885 SF, hard corner retail center located across from Walmart Neighborhood Market in Sherman, TX.  The Property is 100% leased with average rents of $11.83 PSF NNN, shallow bay depth, average suite size of 1,888 SF and two (2) large pylon signs fronting Heritage Parkway.  Offered at an attractive 7.65% cap rate, Canyon Creek Shopping Center is priced significantly below replacement cost at $144.40 PSF.