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High-Visibility Retail Investment Opportunity
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Pending

2119 E SE Loop 323, Tyler, TX 75703

Freestanding retail property with long-term tenant and strong demographics.

Property Size3,055 SF
Days on Market177

Property Features for 2119 E SE Loop 323

General Information

Standard status Pending
Size 3,055 SF
Class A
Property subtype Office, Retail
Occupancy 100%
Lease Type NN
Investment Type Stabilized
Net Operating Income $125,865

Building Details

Year Built 1965
Year Renovated 2014
Tenancy Single
Listing Agency: Capital Commercial Partners
Listed By: Richard Geisenfeld · License #OH 2009002457
Source: Crexi
Added: Mar 6 Changed: Aug 17 Last Checked: Aug 29 at 12:07AM

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 Capital Commercial Partners

Investment Insights

Based on property information with market context.

This retail property is located at a prominent intersection with high traffic volume of over 70,000 vehicles per day. The property was completely renovated in 2014 and 2026, including a new 30-year roof and updated mechanical systems such as HVAC, electrical, and plumbing. A 35-foot freestanding pole sign with an electronic reader board provides significant visibility. The property is situated near a Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald’s, Walgreens, Chick-fil-A, Starbucks, Texas Roadhouse, and other national retailers. It is approximately 1.3 miles from the University of Texas at Tyler, which has over 9,000 students and is expanding its medical program. Simon Property Group’s Broadway Square Mall, the only regional mall in east Texas, is located to the west. The surrounding area has strong demographics, with an average household income exceeding $98,000. The property is currently leased to University of Texas (UT) Health of East Texas Urgent Care under a new 10-year NN lease with 3% annual rent increases. The tenant is investing $1M into interior and exterior improvements.

Key Highlights

  • New 10‑year NN lease with 3% annual rent increases.
  • Tenant investing $1M in interior and exterior improvements.
  • Completely renovated in 2014/2026 with new roof and mechanicals.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail property with long-term tenant and strong demographics.
Where is this retail space located?
The property is located at 2119 E SE Loop 323 Tyler, TX.
What is the asking price?
The asking price for this property is $2,517,319.
What are key features of this property?
This property features: New 10‑year NN lease with 3% annual rent increases.; Tenant investing $1M in interior and exterior improvements.; Completely renovated in 2014/2026 with new roof and mechanicals.
More about this property
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