7924 S Broadway - Storefront Retail/Office FOR SALE


Tyler, TX 75703
$4,300,000 USD
903-570-7366
7924 S Broadway, Tyler, TX for Sale
$4,300,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | Request Cap Rate

7924 S Broadway
Tyler, TX 75703


HIGHLIGHTS

  • 100% Occupied – Turnkey investment with stable cash flow from a diversified tenant mix
  • Bonus Passive Income – Additional $1,200/month from parking lease to TechServ
  • Additional Class-A developments planned in the Cumberland corridor, which is quickly becoming Tyler’s most dynamic live-work play district

OVERVIEW

Presenting 7924 S Broadway Ave, a fully-leased, high visibility retail center with location, exposure, and 100% occupancy – the ultimate investment opportunity Positioned in the heart of Tyler’s most desirable commercial corridor and strategically located just north of The Village at Cumberland Park, this property benefits from unmatched exposure on South Broadway Avenue, one of the city’s most heavily trafficked thoroughfares. Located between Loop 323 and Loop 49, the site is adjacent to the Wayfare Cumberland luxury residential community and a new city park, positioning the asset for long-term tenant demand and appreciation. This is a rare opportunity to acquire a stabilized, income producing retail asset with high visibility, strong tenants, and future upside in East Texas’ hottest commercial zone.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$252 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Cumberland

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

PMXD-1

APN/PARCEL ID

1-50000-1150-00-003060

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.