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7205 S Broadway Ave
Tyler, TX 75703
City Fuel Express Center · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
9,800 SF
Building Class
C
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.72 AC
Zoning
C-2 - Commercial
Parking
55 Spaces (5.61 Spaces per 1,000 SF Leased)
Frontage
375’ on S Broadway Ave.

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

About 7205 S BROADWAY AVE , TYLER, TX 75703

1. Long-Term Fully Occupied 4-Tenant Center – This center has an average lease term of roughly 16.50 years which is tough to find with multi-tenant opportunities. Tenants include Steak 'n Shake, Fazoli’s, City Fuel Express, and Top Donuts. 2. Stellar Location – This property is located on Broadway Avenue and has in its immediate proximity national, high-performing businesses such as Target, Walmart Supercenter, AMC Classic, Courtyard by Marriot, Whataburger, Residence Inn, Kohl’s etc. 3. E-Commerce/Internet Proof – The tenant mix is comprised of a convenience/gas retailer and food concepts, both of which are some of the most lease susceptible product types to be affected by the growth of e-commerce. 4. High-Quality Construction Property – This building was built in 2015 and has been well maintained since its completion. The property is equipped with a drive-thru for each food tenant. 5. Accelerated Depreciation – Sites that sell fuel typically allow for investors to depreciate improvements over an accelerated, 15-year schedule. This provides for major after-tax cash flow benefits and increases an investor’s overall return. *verify with CPA* 6. Healthy Demographics – Growth over the past 10 years within a 3-mile radius has risen at a rate of 10.56%! Additionally, average household incomes within a 3-mile radius are $68,353.

Property Taxes

Property Taxes

Parcel Number
1-50000-1434-01-002030
Land Assessment
$1,200,000
Improvements Assessment
$1,340,000
Total Assessment
$2,540,000
  • Listing ID: 14792441

  • Date on Market: 1/7/2019

  • Last Updated:

  • Address: 7205 S Broadway Ave, Tyler, TX 75703

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