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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

Regions Bank
Planet Fitness
Mazzio's
Brookshire's Food & Pharmacy
Southside Bank
Taco Bueno
Hancock Whitney Bank
Posados Cafe
Bank of America
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-50000-0968-03-008010
Land Assessment
$257,961 (2024)
Improvements Assessment
$263,652 (2024)
Total Assessment
$521,613 (2024)
  • Listing ID: 33273318

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 2019 S Southeast Loop 323, Tyler, TX 75701

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