Tyler, TX 75701 3219 S SW Loop 323
$5,200,000
9 more
Presented By: Matthew Marshall with Drake Real Estate & Investment; 903-581-3737
Home Details
Pinnacle Plaza for Sale!
Strategically located on the west side of Tyler, TX, on SSW Loop 323, near auto dealerships, retailers, TJC West Campus, and Tyler’s newest 240-acre mixed-use development. Tyler, the largest city in Northeast Texas, serves as a regional hub for commerce and culture. Loop 323 is a major traffic corridor, facilitating access to surrounding East Texas markets. Contact agent for more details!
Highlights:
• Cap Rate: 8%
• Established long-term tenants
• (3) three ingress egress points on Loop 323
• Easy access to all major corridors
• Approximately 370' frontage on SSW Loop 323
• 89% leased
• Retail & pylon signage available
• AADT (2023) 49,590
Presented By: Matthew Marshall with Drake Real Estate & Investment; 903-581-3737
Interior Features for 3219 S SW Loop 323
Other Interior Features
SQFT Gross53112
Lock Box TypeNone
FlooringConcrete
Occupancy Rate89
Total Stories1
Total Units9
General for 3219 S SW Loop 323
Building UseAutomotive, Industrial, Retail
Business TypeAuto Body, Auto Parts, Auto Rent/Lease, Auto Service, Commercial, Industrial, Retail, Warehouse
Ceiling Height11 to 14 Feet
CityTyler
Construction MaterialsMetal Siding, Stucco
CoolingCentral Air, Electric
CountySmith
DirectionsFrom the intersection of Hwy 155 and Loop 323 in Tyler, head north west on Loop 323. Property will be on the left in about 0.4 miles.
Gross Annual Expenses103204.00
HeatingCentral, Electric
Insurance Expense21500
Number Of Leaseable Spaces9
Number Of Spaces Leased8
Operating Expense IncludesInsurance, Maintenance, Maintenance Grounds, Maintenance Structure, Professional Management, Utilities
PossessionClosing/Funding
Property SubtypeIndustrial
Property TypeCommercial Sale
RoofMetal
Standard StatusActive
StatusActive
Subdivision NameFENTON MOTORS ADDN
Tenant PaysOther
UtilitiesCity Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1979
Year Built DetailsPreowned
Zoning DescriptionM-1 (Partially in City Limits)
Exterior for 3219 S SW Loop 323
Building Area Total53112.00
Foundation Slab
Freight DoorsDock/Grade, Grade Level
Lot Size3 to < 5 Acres
Lot Size Acres4.5590
Lot Size Area4.5590
Lot Size SourceOwner
Lot Size Square Feet198590.0400
Lot Size UnitsAcres
Parking FeaturesConcrete, Off Street, On Site, Parking Lot
