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Former Red Lobster 1500 W Southwest Loop 323

7,468 SF Retail Building Tyler, TX 75701 $2,900,000 ($388/SF)

Restaurants Texas Tyler 1500 W Southwest Loop 323, Tyler, TX 75701

Investment Highlights

  • High Traffic Counts
  • Parking Lot
  • Excellent Visibility

Executive Summary

*PRICE REDUCED*
The property sits on a 1.74 acre lot and features ample parking with approximately 150 spaces. Location has excellent visibility with 37,678 VPD (TXDOT '22). Ideal investment opportunity!

Attachments

REVISED - RedLobster - 1500 WSW Loop 323

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,468 SF
Building Class
B
Year Built
1980
Price
$2,900,000
Price Per SF
$388
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
1.74 AC
Zoning
C-2
Parking
120 Spaces (16.07 Spaces per 1,000 SF Leased)
Frontage
210 FT on S Southwest Loop 323

Amenities

  • Pylon Sign
  • Signage

Links

1 of 1

Nearby Major Retailers

The Brass Tap
Carino's Italian Grill Llc
Rudy's "Country Store" & Bar-B-Q
Newk's Eatery
Regions Bank
BJ's Restaurant & Brewhouse
McAlister's Deli
PNC Bank
La Madeleine
Orangetheory Fitness

PROPERTY TAXES

Parcel Number 1-50000-1290-00-002000 Improvements Assessment $471,492
Land Assessment $774,793 Total Assessment $1,246,285

PROPERTY TAXES

Parcel Number
1-50000-1290-00-002000
Land Assessment
$774,793
Improvements Assessment
$471,492
Total Assessment
$1,246,285
(903) 534-1200

  • Listing ID: 31159822

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 1500 W Southwest Loop 323, Tyler, TX 75701

More public record information on 1500 W Southwest Loop 323, Tyler, TX 75701

The Retail Property at 1500 W Southwest Loop 323, Tyler, TX 75701 is currently available For Sale. Contact Burns Commercial Properties for more information.

Nearby Listings

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1500 W Southwest Loop 323, Tyler, TX for sale Building Photo- Image 1 of 8
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Former Red Lobster | 1500 W Southwest Loop 323
(903) 534-1200 x

Former Red Lobster | 1500 W Southwest Loop 323

1/2

Mark Whatley

(903) 534-1200

(903) 534-1200

Hunter Stinson

(903) 534-1200

(903) 534-1200

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