Retail-Commercial for Lease
Catylist Listing ID: 30701277
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Other
Building Status: Under Construction
Contiguous Space: 4,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.75 Acres
Lease Rate: $5,333 (Monthly)
$16 PSF (Annual)
Lease Types: NNN
Ceiling: 15 ft.
In Opportunity Zone? Yes
Building Name: The Morrison
Last Updated: 5/24/2021

Overview / Comments

Be a part of the newest apartment development coming to downtown Tyler, The Morrison. The apartment complex will have a total of 112units with a unit mix of 50 one bedroom units and 50 two bedroom units, 6 penthouse one bedroom units and 6 penthouse two bedroomunits. The Morrison will have all of the amenities of a high end apartment complex which includes a 24/7 fitness center, pool, dog park,and large open green space with fountain on the west side of the property. New townhomes currently under construction on the otherside of W Erwin makes this a prime location for a retail business to have a large base to draw customers. The downtown area is set toboom over the next few years with new and current projects including: a new proposed County Courthouse being constructed, breweries,restaurants, bars, shows and the walkability of the downtown area. The 4,000 square foot space is not yet under construction and willbreak ground in April of 2021. Interested parties have the opportunity to work with the developer on making this space their own and creating a space that is exactly what they need/want for their success.

Attachments & Media

Expand All Available Space

Suite: 1 4,000 SF $5,333 (Monthly) NNN
Level/Floor: 1
Space Available: 4,000 SF
Lease Rate: $5,333 (Monthly)
$16 PSF (Annual)
Lease Type: NNN
Space Description: Space can be divisible for 2,000 sq ft units.
Date Available: 4/30/2021
Space Type: New
Kitchen Yes

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: Smith County
Tax ID/APN: 150000009100019020
Retail Clientele: General, Business, Recreation, Other
Property Located Between: Erwin & Ferguson
Property Visibility: Excellent
Largest Nearby Street: Erwin
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Excellent
Year Built: 2021
Roof Type: Other
Construction/Siding: Brick
Exterior Description: New Construction
Parking Type: Structure
Parking Description: front, off street parking
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: KING CHEVROLET BLOCK 91 LOT 19B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,470 58,877 94,468
Median Age: 29.61 32.75 33.71
Households: 4,831 20,675 36,433


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