High Visibility S. Broadway Retail

Retail-Commercial for Sale
Catylist Listing ID: 30367584
Property Subtypes: Car Wash, Free-Standing Building, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,324 SF
Gross Land Area: 1.01 Acres
Sale Price: $1,200,000
Unit Price: $361.01 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2019

Overview / Comments

Rare S. Broadway opportunity; Approx. 1.010 acres
Grande Blvd. and S. Broadway Ave. hard corner lighted intersection
Approx. 42,000 VPD
Two curb cuts on Broadway—Total of four access drives
Currently developed as a car wash
Entire site is concrete paving; Zoned C-2; Large pylon signage
Located in the middle of Tyler’s retail development corridor
High visibility and easy access to Loop 323, new Loop 49 and Grande Ave.
Excellent Re-development location

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Zoning: C-2
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Grande Blvd. & Old Grande Blvd.
Property Visibility: Excellent
Largest Nearby Street: E. Grande Blvd.
Highway Access: Easy access to Loop 323 and Hwy. 69
Area Description: Tyler's major retail corridor
Tenancy: Single Tenant
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick, Metal/Glass, Steel Frame
Parking Type: Surface
Zoning Description: C-2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,142 44,939 94,589
Median Age: 39.93 38.39 36.02
Households: 5,594 19,843 38,184

Contact

Photograph of Listing Agent

Matthew K Marshall

Drake Real Estate & Investments GTAR Commercial Member
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