401 S Beckham Ave | Tyler, TX 75702
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- LoopNet Team
401 S Beckham Ave
Tyler, TX 75702
Murphy USA | 20 Yr Lease w. Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 2021 construction with an estimated rent commencement date of September 2021
- Attractive 8% rental increases every 5 years for the life of the lease
- Traffic counts at the intersection exceed 53,000 vehicles per day
- 20-Year absolute NNN Ground lease with zero landlord responsibilities
- Located across for the Medical District which is currently working on approval for the first medical school in Northeast Texas
- 5-mile population of 110,444 residents
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,200 SF
Building Class
C
Year Built/Renovated
1998/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.31 AC
Zoning
C-2
Frontage
100’ on South Beckham Avenue
PROPERTY TAXES
| Parcel Number | 1-50000-0071-00-001010 | Improvements Assessment | $749,879 |
| Land Assessment | $218,018 | Total Assessment | $967,897 |
PROPERTY TAXES
Parcel Number
1-50000-0071-00-001010
Land Assessment
$218,018
Improvements Assessment
$749,879
Total Assessment
$967,897
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