- Strategically Located Near Rapidly Expanding Market
- Strong Renter Demographics
- Near Major Employers and Demand Drivers
- Attractive Amenities Encourage Tenant Retention
- Multiple Value-Add Opportunities
Strategically Located in Rapidly Expanding Market
Concord Village is strategically located just 65 miles north of the Dallas-Fort Worth Metroplex, positioning it to benefit from the economic growth and workforce spillover of one of the fastest-growing metropolitan areas in the United States. Nestled in Sherman, TX, the property is poised to capitalize on the city’s rapid economic expansion driven by industrial, healthcare, and education investments. This proximity to the DFW metro area makes Concord Village an attractive option for renters seeking affordability without sacrificing access to major employment and retail hubs.
Strong Renter Demographics
The city of Sherman boasts a growing and educated population, with an increasing percentage of residents possessing secondary education—a trend that aligns with the workforce needs of tech-driven and healthcare sectors. Median household income in the area is trending upward, supported by the availability of high-paying industrial and technical jobs. Furthermore, employment rates remain strong, with local unemployment consistently below the national average thanks to ongoing investments in the region.
Near Major Employers and Demand Drivers
The property is surrounded by key points of interest that enhance its appeal to tenants. Major employers such as the Texas Instruments semiconductor plant (currently under development), GlobiTech, Wilson N. Jones Regional Medical Center, and Sherman Independent School District anchor the local economy. Retail options are abundant, with Sherman Town Center just minutes away, featuring national retailers like Target, Home Depot, and Starbucks. Residents can also enjoy convenient access to dining establishments, parks, and attractions such as Loy Lake Park. Additionally, the property’s proximity to Austin College, a well-regarded private liberal arts college, further enhances its desirability. The presence of significant retailers such as Chick-fil-A, Starbucks, and Walmart nearby underscores the strong local demographics.