3840-3872 State Highway 64 W - Storefront Retail/Office FOR SALE


Tyler, TX 75704
$2,529,800 USD
972-375-3437
3840-3872 State Highway 64 W, Tyler, TX for Sale
$2,529,800 USD
Storefront Retail/Office - FOR SALE
1/4
null | 7.5% Cap Rate

3840-3872 State Highway 64 W
Tyler, TX 75704


HIGHLIGHTS

  • Walmart Supercenter Shadow Anchored Retail Center - Located at Entry Drive
  • Includes T-Mobile, CATO, Sally Beauty
  • 69% Leased, Upside to Lease 6,000 SF of Vacancy - Priced at $132/Square Foot - Well Below Replacement Cost - 2.28 Acres
  • Tyler, Texas - Growing Population of 241,000 People, Close Proximity to Dallas/Fort Worth
  • New Awnings Installed 2024
  • Tons of Parking, Signalized Intersection, Attractive Signage

OVERVIEW

-Walmart Supercenter Shadow Anchored Retail Center -Includes T-Mobile, CATO, Sally Beauty -Priced at $132/Square Foot - Well Below Replacement Cost - 2.28 Acres - Tons of Parking, Signalized Intersection, Attractive Signage -69% Leased, Upside to Lease 6,000 SF of Vacancy -Tremendous Demographics -Tyler, Texas - Growing Population of 241,000 People, Close Proximity to Dallas/Fort Worth -New Awnings Installed 2024

FOR SALE DETAILS

PRICE

$2,529,800 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Tree Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,317 SF

ZONING

C-2

APN/PARCEL ID

1-50000-1253-01-001000

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.