Retail Building - 17,000sqft+
NNN Leased Retail Space
6421 S. Broadway Avenue, Tyler, Texas 75703
Situated on the corner of Grande Blvd and Broadway Blvd in one of the most desirable areas of South Tyler, this property sees over 45,000 VPD and is home to several heavily desired fast-casual restaurants including Walk-On's, Great Harvest Bread Co., MiKoto and Bahama Bucks.
This NNN leased opportunity consists of four tenants. Centered in one of Tyler's most fluent residential and commercial areas, the property has great visibility and access to major roadways at one of the busiest intersections in Tyler.
Features
Cap Rate: 7.20%
Year Built: 2015
NOI: $405,396
Demographics
| 1 Mile | 5 Mile | 10 Mile | |
|---|---|---|---|
| Population | 6,019 | 89,780 | 168,817 |
| Households | 2,854 | 36,952 | 64,702 |
| Average HH Income | 80,737 | 74,563 | 68,359 |
| Year: 2017 | Source: ESRI | |||
Traffic Counts
| 69 & W Grand Blvd | 45,589 |
| Robert E Lee Dr | 33,000 |
| Year: 2017 | Source: TXDOT | |
Tenants & Nearby Retailers
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Neighborhood Retail & Restaurant
Total SF: 17,067
Sales Price: $5,500,000.00
