Tyler’s (Racquet & Jog) Tyler, TX

5403 S Broadway Ave
Tyler, TX

Price: $6,837,000
Cap Rate: 6.75%
NOI: $461,493
Building Size: Approx. 16,365 Sq. Ft.
Lot Size: Approx. 1.13 Acres
Type: / Retail
Sub Category: Retailer
Year Built / Renovated: 2000 / 2025

Investment Overview

  • 2000 Construction/2025 Renovation. 16,365+/- SF Building on 1.13+/- Acre Site
  • New 15 Year NN Lease with 10% Rental Increases Every 5 Years, In Primary Terms & Options, Plus (2), 5-Year Options to Renew
  • Extreme Commitment to Location – Tenant has Operated at this Site for 25 Years and Recently Signed a New 15-Year Abs. NNN Lease
  • Strong Customer Base in Affluent and High Growth Trade Area – Located on S Broadway Ave (43,800+ VPD), a Prime Corridor in Tyler
  • Site Situated Between New Parkside Development ($100M+) & Broadway Square Mall (80+ Retailers, 625,000+ SF)
  • Tyler’s, An Established Texas Retail Icon – Premier Regional Retailer Specializing in Active Lifestyle Apparel; Operates 8 High-Performing Locations
  • Tyler | 80 Miles from Both Dallas, TX & Shreveport, LA | Population: 113,030+

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