Great value add opportunity with one building already pre-leased on a three year NNN lease, with the second building newly renovated ready for leasing! Needing a new location for your business? Occupy one building with the other already generating lease income. Highlights: Recently renovated. Ingress, Egress with stoplight on Broadway Ave. New dedicated pylon signage on Broadway (coming Q4 2024). Excess paved yard space with security fencing. West Building: 8,886 SF. Leasing as multiple tenant units. Multiple sizes 698 - 3,743sf. East Building: 7,920 SF. Pre-leased! Commencing 8-31-2024. New 3 year term with automotive user. NNN lease. Base rent increases per year. Contact Broker for additional lease details.
Mls | 20684699 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1977 |
Days On Site | 140 |
Listing Provided By | Drake Real Estate & Investment | Matthew Marshall |
Sq Feet | 16,806 |
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Storys | 1 |
Units | 6 |
Zoning | C-2 |
Acreage | 2.67 |
State | TX |
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County | Smith |
City | Tyler |
Zip Code | 75701 |
Area | Smith |
Community Name | WAGNER ADDN |
Listing VS Median (in WAGNER ADDN) | |
Price: $1,400,000 low | high Med: $1,400,000 SqFt: 16,806 low | high Med: 16,806 $ / SqFt: $83 low | high Med: $83 On Site: 140 low | high Med: 140.000000 |