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Anderson Auto / Wheels Up Front 2019 S Southeast Loop 323 9,467 SF 100% Leased Retail Building Tyler, TX 75701 $1,068,956 ($112.91/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Frontage on major Tyler thoroughfare (SE Loop 323)
- 100% leased with reliable tenants
EXECUTIVE SUMMARY
100% leased (2 tenant) automotive space available on major thoroughfare in growing area of Tyler, TX. Both tenants possess strong credit and maintain positive reputations for their business services. Anderson Automotive, a 40 year original tenant, holds a proven record of impeccable service and history in the community. Wheels Up Front is a multi location tenant in the midst of growth. Excellent location with stable lease terms in place.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,467 SF
Building Class
C
Year Built/Renovated
1984/2024
Price
$1,068,956
Price Per SF
$112.91
Cap Rate
7%
NOI
$74,827
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.29 AC
Zoning
C-1
Frontage
330’ on S SE Loop 323
AMENITIES
- Pylon Sign
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-50000-0968-03-008010 | Improvements Assessment | $419,135 (2025) |
| Land Assessment | $386,942 (2025) | Total Assessment | $806,077 (2025) |
PROPERTY TAXES
Parcel Number
1-50000-0968-03-008010
Land Assessment
$386,942 (2025)
Improvements Assessment
$419,135 (2025)
Total Assessment
$806,077 (2025)
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Anderson Auto / Wheels Up Front | 2019 S Southeast Loop 323
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