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2119 E Southeast Loop 323 3,055 SF Retail Building Tyler, TX 75701 $2,517,319 ($824.00/SF) 5% Cap Rate
Investment Highlights
- New 10 year NN lease with 3% annual rental increases
- Tenant investing $1M+ into interior/exterior facade improvements
- Top trade intersection in Tyler with 70,000+ VPD
- Below market rent commenced February 2026; opening June
- Well known and highly respected healthcare provider University of Texas (UT) Health East TX
- Excellent demos with $98k AHHI within 1 mile
Executive Summary
Owner/Developer is licensed Broker in Ohio acting as principal only.
University of Texas (UT) Health of East Texas Urgent Care. New 10 year NN lease (roof & structure) with 3% annual rent increases. The tenant is investing $1M into interior and exterior improvements showing long term commitment to the site. Completely renovated in 2014/2026 with new roof (30 year roof) with all new mechanicals including, HVAC, electrical, plumbing, and parking lot.
The 35’ freestanding pole sign and electronic reader board (tallest at corner) provide unmatched visibility to both the Loop & Troup and would be impossible to get approved today.
The site benefits from being located at one of the top trade intersections in Tyler with 70,000+ VPD. It’s surrounded by newer Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald’s, Walgreen’s, Chick-fil-A, SBUX, Texas Roadhouse and many other national credit tenants.
It’s close in proximity to the University of Texas at Tyler; approximately 1.3 miles to the east and has over 9,000 students. The college recently announced a new medical program and expects to increase overall enrollment.
Simon Property Group’s Broadway Square Mall is to the west and the only regional mall in east Texas.
The development and growth in Tyler continues its upward trajectory with 2% annual population increases. The location has excellent demographics with very strong average household income in excess of $98k
University of Texas (UT) Health of East Texas Urgent Care. New 10 year NN lease (roof & structure) with 3% annual rent increases. The tenant is investing $1M into interior and exterior improvements showing long term commitment to the site. Completely renovated in 2014/2026 with new roof (30 year roof) with all new mechanicals including, HVAC, electrical, plumbing, and parking lot.
The 35’ freestanding pole sign and electronic reader board (tallest at corner) provide unmatched visibility to both the Loop & Troup and would be impossible to get approved today.
The site benefits from being located at one of the top trade intersections in Tyler with 70,000+ VPD. It’s surrounded by newer Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald’s, Walgreen’s, Chick-fil-A, SBUX, Texas Roadhouse and many other national credit tenants.
It’s close in proximity to the University of Texas at Tyler; approximately 1.3 miles to the east and has over 9,000 students. The college recently announced a new medical program and expects to increase overall enrollment.
Simon Property Group’s Broadway Square Mall is to the west and the only regional mall in east Texas.
The development and growth in Tyler continues its upward trajectory with 2% annual population increases. The location has excellent demographics with very strong average household income in excess of $98k
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,055 SF
Building Class
B
Year Built
2000
Price
$2,517,319
Price Per SF
$824.00
Cap Rate
5%
NOI
$125,866
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.42 AC
Zoning
C-1 - General commercial
Parking
10 Spaces (3.27 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-50000-1092-00-008000 | Improvements Assessment | $375,441 |
| Land Assessment | $274,559 | Total Assessment | $650,000 |
Property Taxes
Parcel Number
1-50000-1092-00-008000
Land Assessment
$274,559
Improvements Assessment
$375,441
Total Assessment
$650,000
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2119 E Southeast Loop 323
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