35K SqFt Neighborhood Retail for Sale

6421 S. BROADWAY AVE, Tyler, Texas 75703
35K SqFt Retail FOR SALE

Situated on the corner of Grande Blvd and Broadway Blvd in one of the most desirable areas of South Tyler, this property sees over 45,000 VPD and is home to several heavily desired fast-casual restaurants including Grub Burger, Walk-On's, MiKoto and Bahama Bucks.

This 100% NNN leased opportunity consists of three multi-tenant and one single tenant free standing buildings with an additional developable land. Centered in one of Tyler's most fluent residentail and commercial areas, the property has great visibility and access to major roadways at one of the busiest intersections in Tyler.

 

Features

Year Built: 2015

Cap Rate: 6.75%

Use: Retail, Commercial, Hotel

Year Built: 2015

Rent Bumps: 2% AVG

NOI: $1,077,999

Demographics

1 Mile 3 Mile 5 Mile
Population 10,100 52,000 101,223
Households 5,100 22,100 39,120
Consumer Spending $98.96M $506.01M $901.08M
Year: 2017 Source: ESRI

Traffic Counts

69 & W Grand Blvd 45,589 VPD
Robert E Lee Dr 33,000 VPD
Year: 2017 Source: TXDOT

Nearby Amenities & Businesses

  • Target
  • Walmart
  • Laquinta-logo
  • Walk-ons
  • Holly-tree-country-club-tyler
  • Chase-bank-logo

Retail: For Sale

Neighborhood Retail & Restaurant

Total SF: 35,063

Total Acres: 35.95

Available: 29.36 Acre(s)

Existing Retail Price: $15,970,355.00 Land Price: $2,200,000.00 Total Price: $18,170,355.00

Contacts