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$ 5,200,000
Est. payment | /mo
4.56 Acres Lot
$ 5,200,000
Est. payment | /mo
4.56 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Fenton Motors Addn
MLS Listing ID 20705108
Total Fin. Sqft 53112
Year Built 1979
Lot Size 4.559 Acres
Acres 4.559
Property Description
Pinnacle Plaza for Sale!
Strategically located on the west side of Tyler, TX, on SSW Loop 323, near auto dealerships, retailers, TJC West Campus, and Tyler’s newest 240-acre mixed-use development. Tyler, the largest city in Northeast Texas, serves as a regional hub for commerce and culture. Loop 323 is a major traffic corridor, facilitating access to surrounding East Texas markets. Contact agent for more details!
Highlights:
• Cap Rate: 7.36%
• Established long-term tenants
• (3) three ingress egress points on Loop 323
• Easy access to all major corridors
• Approximately 370' frontage on SSW Loop 323
• 100% leased
Retail & pylon signage available
AADT (2023) 49,590
Strategically located on the west side of Tyler, TX, on SSW Loop 323, near auto dealerships, retailers, TJC West Campus, and Tyler’s newest 240-acre mixed-use development. Tyler, the largest city in Northeast Texas, serves as a regional hub for commerce and culture. Loop 323 is a major traffic corridor, facilitating access to surrounding East Texas markets. Contact agent for more details!
Highlights:
• Cap Rate: 7.36%
• Established long-term tenants
• (3) three ingress egress points on Loop 323
• Easy access to all major corridors
• Approximately 370' frontage on SSW Loop 323
• 100% leased
Retail & pylon signage available
AADT (2023) 49,590
Location
State TX
County Smith
Zoning M-1 (Partially in City Limits)
Direction From the intersection of Hwy 155 and Loop 323 in Tyler, head north west on Loop 323. Property will be on the left in about 0.4 miles.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Heat Source Central, Electric
Exterior
Utilities Available City Water, Electricity Connected
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Metal Siding,Stucco
Others
Ownership DRAKE PINNACLE LLC
©2024 North Texas Real Estate Information Systems.
Listed by Matthew Marshall • Drake Real Estate & Investment
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Alonzo Luna
REALTOR® | Lic# 420410