Multi-Suite Office
For Sale
Contact for pricing
116 E Heritage Dr, Tyler, TX 75703
Six-suite office building with four currently leased and pylon signage, offering owner-occupant income potential.
Property SizeContact for details
Days on Market137
Property Features for 116 E Heritage Dr
General Information
Standard status
Active
Property subtype
Office
Additional Details
Office Units
6
Building Details
Year Renovated
2020
Listing Agency:
Drake Real Estate & Investments
(903) 581-3737
Listed By:
Matthew Marshall · License #TX 75703
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Drake Real Estate & Investments
Investment Insights
Based on property information with market context.
This multi-suite office building includes six separate suites, with four suites currently leased to support additional lease income for an owner-occupant. The property offers ample parking and pylon signage. Recent improvements include a roof replacement and interior updates completed in 2020.
The building is positioned near the busy S Broadway intersection, providing convenient access for tenants and visitors.
For sale, the current gross operating income is reported as $26,880. Contact the agent for additional information.
The building is positioned near the busy S Broadway intersection, providing convenient access for tenants and visitors.
For sale, the current gross operating income is reported as $26,880. Contact the agent for additional information.
Key Highlights
- Six‑suite office building with four suites currently leased
- Current GOI is $26,880
- Roof replaced and interior updates made in 2020
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Six-suite office building with four currently leased and pylon signage, offering owner-occupant income potential.
Where is this office units located?
The property is located at 116 E Heritage Dr Tyler, TX.
What are key features of this property?
This property features: Six‑suite office building with four suites currently leased; Current GOI is $26,880; Roof replaced and interior updates made in 2020
