Downtown Tyler Retail Space
For Lease
$7,750/Mo
106 E Elm St, Tyler, TX 75702
Revitalized downtown location with 100+ multifamily units above.
Space SizeContact for details
Days on Market1427
Property Features for 106 E Elm St
General Information
Standard status
Active
Listing Agency:
Scarborough Commercial Real Estate
(903) 570-7366
Listed By:
Sam Scarborough · License #0687976
(903) 570-7366
Source:
Exprealty
Added: Oct 3, 2022
Changed: Aug 21
Last Checked: Aug 29 at 11:04AM
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 Scarborough Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail space is part of the revitalization of Downtown Tyler, with over 100 multifamily units above. The space will be delivered as a warm shell to the tenant. A tenant improvement allowance of $20 per square foot is offered to the new tenant. The property is in proximity to high-density residential areas, the Midtown Medical District, and established retailers. A new Smith County Courthouse is proposed for the area, pending the November 2022 Bond Election. A parking garage is located across the street. The space is expected to be available in Q1 2024 and is intended for retail use.
Key Highlights
- 101 apartment units above space
- Proximity to Midtown Medical District
- Proximity to other high‑density residential
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,826
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 18%
Dining 17%
Apparel 4%
Murphy USA
Shops & Services
26,016 visits/mo
0.4 miles
La Michoacana Meat Market
Groceries
14,204 visits/mo
0.4 miles
Wendy's
Dining
11,028 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,769 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
5,606 visits/mo
0.2 miles
Demographics for 75702, TX
26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
Median Home Value
Market
Lease Benchmarks for Tyler, TX
$18.91 /SF/Yr
Avg Asking Price
$5–$43.85 /SF/Yr
Price Range
7,193 SF
Avg Space Size
This space is priced 45% below the average of $18.91 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Revitalized downtown location with 100+ multifamily units above.
Where is this retail space located?
The property is located at 106 E Elm St Tyler, TX.
What is the lease rate?
The lease rate is $7,750/Mo.
What are key features of this property?
This property features: 101 apartment units above space; Proximity to Midtown Medical District; Proximity to other high‑density residential
