A planned QuikTrip location in Sherman got its final approval from the City Council Monday evening.

The council unanimously approved a zoning change to a retail business district for the property at 6120 N. U.S. Highway 75. The zoning change was granted last month, along with site plan approval, by the city’s Planning & Zoning Commission.

Before approving the zoning change, the council held a public hearing on the matter, but only QuikTrip representative John Pimentel came forward to speak.

“We’re very excited to have our first potential site here in Sherman,” Pimentel said. “This will be on the southwest corner of (Highway) 75 and FM 691.”

The planned 5,858-square-foot gas station could be the first major development in Sherman’s recently established FM 691 Overlay District. Documents provided to the council state the store will be open 24 hours a day, seven days a week with 20 fueling stations.

Pimentel said around 150 people will be employed during the construction of the store, which is expected to take about six months, and then once the store opens, it will employ more than 20 people.

“Just the store employees, we’re looking at 20 to 40 based on the needs and volume of the site,” Pimentel said. “For this site, given its location, we’re hoping we get more in the 40 range.”

Pimentel also said the store is likely to bring in an average of $1.5 million in estimated tax revenue for the city.

In addition to the zoning change and site plan approval, the commission’s board of adjustments also approved two exceptions for the business’ planned signage. The first exception will allow a planned 439-square-foot sign that will be 75 feet tall and 20 feet from the property line instead of the normally required 300-square-foot limit for a 50-foot tall sign that is 100 feet back from the property line.

Those exceptions did not have to be approved by the council.