$3,100,000
( )
 $17,601 est/mo Sourced by Back At You

713 W Southwest Loop 323 , Tyler, TX 75701

Tyler, TX 75701

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Description

The River Oaks Shopping Center is situated on approximately 1.42 acres of land and is currently occupied by a diverse tenant mix. This shopping center is positioned on a prime location on Loop 323 with the center surrounded by national retailers. With almost 36K vehicles per day and 280 ft of road frontage, the center is positioned for long term tenancy due to exposure and surrounding users. The center had extensive updates and improvements completed in 2021. From brand new roof systems to state-of-the-art HVAC units, upgraded plumbing lines above and below the slab. The overall enhancements to the center create an inviting atmosphere that will undoubtedly attract customers and drive business. Featuring a convenient drive-through on the East side, with an easement connecting Loop 323 to Shelly Drive. At 71% occupancy, there's still room for increased occupancy, allowing you to maximize your returns. Plus, all leases are on a NNN basis, meaning tenants take care of owner expenses.

Details

MLS#20534343
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1976
Days On Site162
Listing Provided ByScarborough Commercial Real LL | Sam Scarborough

Features

SQ Feet15,327
Story(s)1
Units9
ZoningCommercial
Acreage1.42

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 1 minute ago
StateTX
CountySmith
CityTyler
Zip Code75701
AreaSmith
Community NameCity Of Tyler
Listing VS Median (in City Of Tyler)
Price:
$3,100,000
low | high
Med:
$595,000
100% of Average
SqFt:
15,327
low | high
Med:
28,197
33.969465648855% of Average
$ / SqFt:
$202
low | high
Med:
$81
100% of Average
On Site:
162
low | high
Med:
182.500000
88.767123287671% of Average
Sourced by Back At You
Listing Updated: July 19, 2024 at 11:26:15 PM PDT