4790 South Broadway Avenue
Tyler, TX
Price:
$2,824,000
Cap Rate:
4.25%
NOI:
$120,000
Building Size:
Approx. 2,012 Sq. Ft.
Lot Size:
Approx. 0.56 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2021
Investment Overview
- 2021 Construction. 2,012+/- SF Building on 0.56+/- Acre Site
- New Construction 10 Yr Corporate Net Lease w/ 10% Rent Increases Every 5 Yrs
- Subject Property Situated Along S Broadway Ave (51K VPD) Near SW Loop 323
- Directly Across from Broadway Square Mall (Over 625,000 SF w/ 80 Stores)
- Strong Income Demographics w/ est. $80,717 within a 3-Mile Radius
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Tyler | Halfway Between Dallas, TX & Shreveport, LA | Population: 103,000+
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