South Tyler Office Building

Office for Sale
Catylist Listing ID: 30294896
Property Subtypes: Office Building
Building Size (RSF): 8,375 SF
Gross Land Area: 1.04 Acres
Sale Price: $725,000
Unit Price: $86.57 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/20/2018

Overview / Comments

Brick veneer exterior on concrete slab foundation; Adequate open surface parking
Pylon Signage on Heritage Drive visible from South Broadway Ave.
Built in 1979 with interior updates; Less than 500 feet from S. Broadway Ave.
Excellent location in the heart of Tyler’s growing commercial development
Great opportunity for either owner/user or investor
The current configuration includes 7 suites. There are currently 4 tenants on short-term leases. The entire building consists of 18 offices, file/storage rooms, work rooms, four reception rooms, a conference room, and a large common lobby area.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Property Located Between: Grande Blvd. & Cumberland Rd.
Property Visibility: Good
Highway Access: Easy access to US Hwy. 69
Site Description: Less than 500 feet from S. Broadway Ave.
Area Description: Excellent location in the heart of Tyler’s growing commercial development
Total Number of Buildings: 1
Typical SF / Floor: 8,375 SF
Year Built: 1979
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick veneer exterior on concrete slab foundation
Parking Type: Surface
Interior Description: The current configuration includes 7 suites. The entire building consists of 18 offices, file/storage rooms, work rooms, four reception rooms, a conference room, and a large common lobby area.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,442 35,675 80,842
Median Age: 38.97 38.1 37.14
Households: 2,294 15,882 33,367

Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Tyler Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.