Address
2850 S Southwest Loop 323, Tyler, TX
Price
$ 4,000,000
Property Attributes
- MLS#20585844
- TypeCommercial
- CountySMITH
- CityTyler
- NeighborhoodCity Of Tyler
- Zip75701
- StyleIndustrial
- Year Built1997
- Taxes$ 29639
- Price$ 4,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.988 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Offering above standard finishes for an industrial property, this rare Single Tenant Net Lease (STNL) opportunity in Tyler is perfect for investors seeking an Industrial Office Showroom property. Main building is fully climate controlled and finished out for office and showroom. Secondary building consists of offices and warehouse space. Offering stability and strong rental income, this property is positioned to deliver long-term value and an attractive return on investment. Second location is also for sale at 603 W. Cotton St., Longview, TX. Contact broker for additional information. Tenant is established East Texas company, AVCO Roofing - Fully occupied with 10-year Triple Net (NNN) lease. Ample parking. Fenced area. Main Building - 6 grade-level doors; Secondary building - 9 grade-level doors.
| Price History | |
|---|---|
| 4/11/2024 | Listed $4,000,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | Electricity Connected,See Remarks |
| Ceiling Height | More than 20 Feet |
| Possession | Closing/Funding |
| Roof | Metal |
| Year Built | 1997 |
| Tenant Pays | Other |
| Business Type | Industrial |
| Business Name | AVCO Roofing |
| Unexempt Taxes | 29639 |
| Building Use | Industrial,Office/Warehouse |
| Will Subdivide | No |
| Gross Annual Expenses | 45054.88 |
| Property SubType | Industrial |
| Subdivision Name | City Of Tyler |
| Accessibility Features | Accessible Approach with Ramp |
| Zoning Description | M-1 |
| Occupant Type | Tenant |
| Occupant Name | AVCO Roofing |
| County | Smith |
| Property Type | Commercial Sale |
| Construction Materials | Metal Siding |
| Year Built Details | Preowned |
| Number Of Leaseable Spaces | 1 |
| Number Of Spaces Leased | 1 |
| Status | Active |
| Directions | From the intersection of SSW Loop 323 and Hwy 155 in Tyler,head north west on SSW Loop 323. Property will be on the right in about 0.9 miles. |
| City | Tyler |
| Buyer Agent Compensation | 3 |
| Street Name | Southwest Loop 323 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20585844 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Concrete |
|---|---|
| Occupancy Rate | 100 |
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 20124 |
| Lock Box Type | None |
Exterior Features
| Freight Doors | Grade Level |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Additional Parking,Concrete,Garage,Off Street,On Site,Parking Lot |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 2.9880 |
| Lot Size Units | Acres |
| Building Area Total | 20124.00 |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 130157.2800 |
| Lot Size Acres | 2.9880 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75701
Price
Taxes
Visits
Year Built
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