3910 S Broadway Ave
Tyler, TX
Price:
$1,500,000
Cap Rate:
6.00%
NOI:
$90,000
Building Size:
Approx. 6,370 Sq. Ft.
Lot Size:
Approx. 0.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built / Renovated:
1988 / 2024
Investment Overview
- 2024 Renovation. 6,370 +/- SF Building on 0.60+/- Acre Site
- 10-Year NNN Lease with 10% Rental Increases Every 5 Years
- Excellent Location along S. Broadway (42,690+ VPD) Which is Tyler’s Busiest Retail Corridor
- Less Than a Half Mile From Broadway Square Mall | Over 625,000 SF of Retail and 80+ Retailers
- Affluent Direct Trade Area | Average Household Income of $130,000+ Within 1 Mile Radius
- Brakes Plus Operates 160+ Locations Across 6 States, Serving Hundreds of Thousands of Satisfied Customers Every Year
- Tyler | Largest Community in East Texas | Population: 241,750+