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Remodeled Restaurant (Expiring Lease) 3915 University Blvd 3,275 SF Retail Building Tyler, TX 75701 $1,498,000 ($457.40/SF)
INVESTMENT HIGHLIGHTS
- Newly Remodeled in 2024
- No State Income Tax
- Excellent Location Adjacent to University
- Option to Lease, Contact Broker to Learn More
EXECUTIVE SUMMARY
Northmarq, on behalf of Ownership, is pleased to offer for sale the Fee Simple ownership interest in 3915 W. University Blvd, Tyler, TX 75071, a newly renovated restaurant in Tyler, the largest city in East Texas, which serves as an economic and medical hub.
The building was originally constructed in 2014 at 3,275 SF on 0.94 acres. The Property has excellent visibility with good signage. Across the street from the Property is the University of Texas at Tyler, with an enrollment of 10,000 students, including the recently established School of Medicine. Option to lease as well, contact broker for more information.
The building was originally constructed in 2014 at 3,275 SF on 0.94 acres. The Property has excellent visibility with good signage. Across the street from the Property is the University of Texas at Tyler, with an enrollment of 10,000 students, including the recently established School of Medicine. Option to lease as well, contact broker for more information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,275 SF
Building Class
B
Year Built
2014
Price
$1,498,000
Price Per SF
$457.40
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC
Zoning
C-1 - Commercial
Parking
41 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
175’ on University Blvd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 1-50000-1443-06-002000 | Improvements Assessment | $1,157,185 |
| Land Assessment | $267,365 | Total Assessment | $1,424,550 |
PROPERTY TAXES
Parcel Number
1-50000-1443-06-002000
Land Assessment
$267,365
Improvements Assessment
$1,157,185
Total Assessment
$1,424,550
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Remodeled Restaurant (Expiring Lease) | 3915 University Blvd
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