209 S Southwest Loop 323 - Freestanding FOR SALE
Tyler, TX 75702 |
$2,200,000 USD
512-712-3657
209 S Southwest Loop 323
Tyler, TX 75702
HIGHLIGHTS
- Single-Tenant IHOP – Outparcel to Walmart Supercenter
- Absolute NNN Lease; Zero Landlord Responsibilities
- 7 Years Remaining with Six 5-Year Options
- 1% Annual Rent Increases
- ACG Texas Is the Largest IHOP Franchisee in the U.S. with 62 Units
- Excellent Accessibility and Visibility; High-Traffic Location Along Loop 323
FOR SALE DETAILS
PRICE
$2,200,000 USD
PRICE/SF
$493 USD /SF
CAP RATE
6.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
IHOP | Tyler, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.91 AC
LAND SF
83,200 SF
ZONING
-
APN/PARCEL ID
1-50000-1253-01-005010
ASK ABOUT THIS PROPERTY
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512-712-3657
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512-712-3657
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