Investment Property for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30526636 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Other
|
| Building Size (RSF): |
3,700 SF
|
| Sale Price: |
$900,000 |
| Unit Price: |
$243.24 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.9% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
1/24/2020 |
Overview / Comments
NNN Investment Property
3,700 +/- Retail Building on East Grande Boulevard.
Located on the corner of South Broadway Avenue and Grande Boulevard, the property offers multiple access points and tremendous visibility to one of the major thoroughfares in the market.
The corner of South Broadway Avenue and East Grande Boulevard is in Tyler’s retail & residential growth corridor.
|
Additional Details
| Nearest MSA: |
Tyler |
| County: |
Smith |
| Taxing Authority: |
SCAD |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Business |
| Property Located Between: |
Just east of S. Broadway (Hwy. 69) |
| Property Visibility: |
Good |
| Largest Nearby Street: |
S. Broadway Ave. |
| Highway Access: |
Easy access to Loop 323, US Hwy. 69 & Hwy. 110 |
| Site Description: |
High visibility and multiple access points |
| Area Description: |
Tyler's primary Restaurant and Retail corridor |
| Tenancy: |
Single Tenant |
| Property Condition: |
Good |
| Year Built: |
2016 |
| Roof Type: |
Other |
| Construction/Siding: |
Concrete, Concrete - Tilt up, Stucco |
| Parking Type: |
Surface |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,142 |
43,015 |
94,589 |
| Median Age: |
39.93 |
38.23 |
36.02 |
| Households: |
5,594 |
18,891 |
38,184 |
|
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