Retail or Medical Office For Lease

Highlights:

• For lease with immediate availability
• Signalized intersection with 70,000 cars per day at the corner
• Unmatched visibility on Loop 323 and Troup Highway
• Surrounded by national tenants
• Excellent demographics with 2.2% annual population growth and $98K AHHI within 1 mile
• Completely renovated in 2014 with new roof and mechanicals

Description:

Immediate availability directly from broker/owner acting as a principal. Offering unmatched visibility on Loop ESE 323 and Troup Highway located at one of the top intersections in Tyler, TX with 70,000 cars per day. The site benefits from the tallest freestanding pole sign (35’) including electronic reader board with visibility from both highways and would be impossible to get approved today.

The site is next to one of the top Texas Roadhouse locations in Texas and is surrounded by newer Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald’s, Walgreen’s, Chick-fil-A, SBUX, and many other national credit tenants.

The University of Texas at Tyler is 1.3 miles to the east with over 9,000 students and newly announced medical program. The only regional mall in east Texas (Broadway Square Mall) is to the west. The development and growth in Tyler is impressive with 2.22% annual population growth.

The structure was totally redeveloped in 2014 with new single membrane roof (30 year), all new mechanicals, HVAC, plumbing, and electrical. A new parking lot to be provided.

It’s close in proximity to the University of Texas at Tyler; approximately 1.3 miles to the east and has over 9,000 students. The college recently announced a new medical program and expects to increase overall enrollment.

Simon Property Group’s Broadway Square Mall is to the west and the only regional mall in east Texas.
The development and growth in Tyler continues its upward trajectory with 2% annual population increases. The location has excellent demographics with very strong average household income in excess

1 Space Available