Investment Opportunity Medical/Professional Office

Office for Sale
Catylist Listing ID: 30296414
Property Subtypes: Medical, Office Building
Building Size (RSF): 9,775 SF
Sale Price: $795,000
Unit Price: $81.33 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Medical District Professional Office
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/30/2018

Overview / Comments

Total of 9,775 sf Medical Office & Professional Office
Medical build out; Can be demised
Suite A: 2,729 sf & Suite B: 7,046 sf
Brick exterior, concrete slab and covered entrance
Front & Rear parking; 50 parking spaces; High visibility
Fenced/gated executive and employee parking on Earle St.
Mansard & Monument signage
Located at the North entrance of the Medical District at E. Douglas Blvd. This property offers a great opportunity for a medical and/or professional office user
Just east of the Beckham St. and Front St. intersection on the north side of Front St.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Property Visibility: Good
Highway Access: Easy access to Hwy. 31 and Hwy. 69
Site Description: High visibility with multiple access points
Area Description: Medical District
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Customer parking in front; Fenced/gated executive and employee parking on Earle St.
Total Parking Spaces: 50
Water Service: Municipal, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,246 62,960 99,881
Median Age: 29.75 32.5 33.77
Households: 4,026 22,483 38,680


Photograph of Listing Agent

Matthew K Marshall

Drake Real Estate & Investments GTAR Commercial Member
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