Downtown Retail - New Construction

Retail-Commercial for Lease
Catylist Listing ID: 30743473
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Status: Under Construction
Contiguous Space: 4,000 SF
Gross Building Area: 4,000 SF
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $5,333
Lease Types: Modified Gross
Ceiling: 12 ft.
In Opportunity Zone? Yes
Usable Size (USF): 4,000 SF
Last Updated: 7/31/2021

Overview / Comments

4000 sq ft of retail space available for lease at the newest apartment development coming to downtown Tyler, The Morrison. The apartment complex will have a total of 112 units. The downtown area is set to boom 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 under construction and will be done May 2022. 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.

Expand All Available Space

Suite: A1 4,000 SF $16 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 4,000 SF
Lease Rate: $16 PSF (Annual)
$5,333 (Monthly)
Lease Type: Modified Gross
Space Description: 4000 Sq Ft of new construction retail available for lease.
Date Available: 5/1/2022
Space Type: New

Additional Details

Nearest MSA: Tyler
County: Smith
Tax ID/APN: 150000009100019020
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Good
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Excellent
Year Built: 2022
Construction/Siding: Brick
Parking Description: Pull in parking.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Retail
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,470 60,500 94,468
Median Age: 29.61 33.07 33.71
Households: 4,831 21,362 36,433

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