1500 W Southwest Loop 323
Tyler, TX 75701
Red Lobster · Retail Property For Sale

This Red Lobster property is located at 1500 West Southwest Loop 323 in Tyler, Texas. Tyler is a city in Smith County and is named after former President John Tyler. The subject property is well-positioned in a dense retail corridor, benefitting from its proximity to major national and local retailers. The Broadway Square Mall, which contains over 140 stores is approximately three quarters of a mile away and is anchored by JCPenney, Sears and Dillard’s. Other Major national retailers in the area include: Walmart, Lowe’s, Target, Home Depot, Macy’s, PetSmart, Marshall’s, Dollar Tree, GameStop, Champ’s Sporting Goods, Walgreens, Outback Steakhouse, TGI Friday’s, Applebee’s Olive Garden and many more. There are approximately 52,440 people within a three-mile radius of this property and more than 106,145 people within a five-mile radius. The subject property is situated on West Southwest Loop 323, with average daily traffic counts of 36,155 vehicles. Adjacent to West Southwest Loop 323 is South Broadway Avenue, which brings in an additional 31,859 vehicles daily. Tyler has the nickname "Rose Capital of the World". It gained this name due to the large quantity of rose bushes processed through the area, along with hosting America's largest rose garden. As a regional educational and technology center, Tyler is the host for more than 20,000 higher education students, a College of Engineering, and a University Health Science Center, two regional, billion-dollar hospital systems, and a variety of technology startups Tyler State Park is a few miles away where visitors can camp, canoe, and paddle boat on the lake. Activities include picnicking, camping, boating, fishing, birding and hiking amongst others. Tyler is a nexus of several major highways. Interstate 20 runs along the north edge of the city going east and west, U.S. Highway 69 runs north-south through the center of town and State Highway 64 runs east-west through the city. Tyler also has access to U.S. Highway 271, State Highway 31, State Highway 155, and State Highway 110.