Free Standing Building with Drive-thru

Retail-Commercial for Sale
Catylist Listing ID: 30294605
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 500 SF
Gross Land Area: 0.47 Acres
Sale Price: $145,000
Unit Price: $290 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/26/2018

Overview / Comments

500 +/- sf Free standing retail space with drive-thru
Approx. 0.472 acres; Built in 2007
Additional storage; Open surface parking
Loop 323 frontage; Existing Tenant
Just south of Hwy. 64 W. on SSW Loop 323
High Visibility and traffic counts
Easy access to Hwy. 64, Hwy. 31 & I-20
Neighboring businesses include Walmart Super Center, Aldi Foods, IHOP, Chase Bank, Walgreen’s

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Retail Clientele: General, Family, Business
Property Located Between: Hwy. 64 W. & Hwy. 31 W.
Property Visibility: Good
Largest Nearby Street: US Hwy. 64
Highway Access: Easy access to Hwy. 64, Hwy. 31 & I-20
Site Description: High Visibility and traffic counts
Area Description: Neighboring businesses include Walmart Super Center, Aldi Foods, IHOP, Chase Bank, Walgreen’s
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Average
Year Built: 2007
Roof Type: Other
Construction/Siding: Concrete, Stucco, Wood Siding
Exterior Description: Additional storage
Parking Type: Surface
Interior Description: Drive-thru restaurant
Zoning Description: retail
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,605 42,669 90,186
Median Age: 26.86 33.2 34.25
Households: 791 15,276 34,710

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