Anderson Auto / Wheels Up Front | 2019 S Southeast Loop 323
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Anderson Auto / Wheels Up Front 2019 S Southeast Loop 323
9,467 SF 100% Leased Retail Building Tyler, TX 75701 $1,068,956 ($113/SF) 7% Cap Rate
Investment Highlights
- Frontage on major Tyler thoroughfare (SE Loop 323)
- 100% leased with reliable tenants
Executive Summary
100% leased (2 tenant) automotive space available on major thoroughfare in growing area of Tyler, TX. Both tenants possess strong credit and maintain positive reputations for their business services. Anderson Automotive, a 40 year original tenant, holds a proven record of impeccable service and history in the community. Wheels Up Front is a multi location tenant in the midst of growth. Excellent location with stable lease terms in place.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,467 SF
Building Class
C
Year Built/Renovated
1984/2024
Price
$1,068,956
Price Per SF
$113
Cap Rate
7%
NOI
$74,827
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Land Acres
1.15 AC
Zoning
C-1
Frontage
330 FT on S SE Loop 323
Amenities
- Pylon Sign
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1-50000-0968-03-008010 | Improvements Assessment | $263,652 (2024) |
Land Assessment | $257,961 (2024) | Total Assessment | $521,613 (2024) |
PROPERTY TAXES
Parcel Number
1-50000-0968-03-008010
Land Assessment
$257,961 (2024)
Improvements Assessment
$263,652 (2024)
Total Assessment
$521,613 (2024)
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Anderson Auto / Wheels Up Front | 2019 S Southeast Loop 323
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