Hawaiian Bros Tyler, TX

6915 South Broadway Avenue
Tyler, TX

Price: $2,545,500
Cap Rate: 5.50%
NOI: $140,000
Building Size: Approx. 2,977 Sq. Ft.
Lot Size: Approx. 0.65 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built / Renovated: 1999 / 2023

Investment Overview

  • 1999 Construction/2023 Renovation. 2,977+/- SF Building on 0.65+/- Acre Site
  • 15 Year NNN Ground Lease w/ (5) 5 Year Options to Renew and 10% Rental Increases Every 5 Years
  • Signalized, Hard-Corner Location on S Broadway Ave (39,000+ VPD) and just South of Grande Blvd (23,000+ VPD)
  • Located in High Growth Part of the City w/ Average HH Income of $114,000+ in a 1-Mile Radius
  • Pad Site to Target and Walmart. Adjacent Retailers also Include Starbucks, KFC, and Whataburger.
  • Hawaiian Bros is One of the Fastest Growing and Highest Performing Restaurant Brands w/ Average Unite Volume of $4.6M
  • Tyler | Commercial & Cultural Capital of the East Texas Region | Population: 241,922

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