303-311 N Northwest Loop 323 - Freestanding FOR SALE
Tyler, TX 75702 |
303-311 N Northwest Loop 323
Tyler, TX 75702
HIGHLIGHTS
- Built in 1987, the shopping mall has a longstanding history at this location with excellent visibility from 400’ of frontage on Loop 323.
- An 89,860-square-foot multi-tenant freestanding retail building. A large retail asset for a new investor to acquire and implement a long-term hold on.
- Located near Walmart Supercenter and West Loop 323/Hwy 64 West, the asset is a value-add opportunity with 78% occupancy.
- A NNN investment property, current tenants have years remaining on lease with renewal options.
- New roof installed in 2014 with an open surface parking lot for guests to take advantage of.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Former Walmart - Value-Add Retail Opportunity
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
89860
STORIES
1
YEAR BUILT
1987
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1-50000-1261-00-023030
