Renovated Restaurant Near University of
3915 University Blvd Tyler, TX 75707
3915 University Blvd, Tyler, TX, 75707
Contact for pricing
Recently renovated restaurant near UT Tyler with drive-thru.
Property Size3,275 SF
Price / SF$381.68
AddedMar 14
Days on Market124
Last RefreshJul 5 at 9:15 am
Property Features for 3915 University Blvd
General Information
- Standard status
- Active
- Size
- 3,275 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2014
Listing office Trade Properties
Listing date Mar 14, 2026
Source Crexi
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 Trade Properties
Investment Insights
Based on property information with market context.
The property at 3915 W. University Blvd, Tyler, TX 75071 is a renovated restaurant in Tyler, the largest city in East Texas, which serves as an economic and medical hub. Originally constructed in 2014 and renovated in 2025, the property has highway visibility and is located directly across University Boulevard from the University of Texas at Tyler, which has an enrollment of 10,000 students, including the recently established School of Medicine. Fall 2025 enrollment set a record for UT Tyler with 11,600 students. Enrollment is expected to exceed 13,000 students by 2027 leading to large planned projects for the subject property intersection, including a pedestrian bridge and traffic signal that will soon connect the primary entrance to UT Tyler with the subject property and surrounding commercial properties. This will also help accommodate planned student housing projects to help facilitate the increased enrollment. The recently renovated restaurant features a relatively large interior and can support a variety of kitchen and dining arrangements. The property is a 3,275 square foot drive-thru restaurant. Expect traffic and demand for retail, student housing, and dining options to increase significantly in upcoming years. This is an opportunity for an owner/user or investor to acquire a drive-thru restaurant situated at the main entrance to a growing university with planned surrounding development poised to bring additional vehicle and foot traffic to the Property and surrounding retail in the near future.
Key Highlights
- Newly renovated restaurant (renovated in 2025) at the main entrance to the University of Texas at Tyler.
- High visibility location directly across from UT Tyler, with record enrollment of 11,600 students (Fall 2025) expected to exceed 13,000 by 2027.
- Planned infrastructure improvements including a pedestrian bridge and traffic signal connecting the property to the university.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.4k | $17.52 |
| − Vacancy | −$2.9k | −$0.88 |
| EGI | $54.5k | $16.64 |
| − OpEx | −$13.6k | −$4.16 |
| NOI | $40.9k | $12.48 |
3,275 SF · lease $17.52/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$584.0K
$511.0K – $681.4K
NOI $40,882 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$731.0K
$639.6K – $852.8K
NOI $51,168 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cheap Car Insurance
Financial Advisor
Hangry Joe's Tyler ...
Restaurant
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FAQs
What type of property is this?
Drive through restaurant - Recently renovated restaurant near UT Tyler with drive-thru.
Where is this drive through restaurant located?
The property is located at 3915 University Blvd Tyler, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Newly renovated restaurant (renovated in 2025) at the main entrance to the University of Texas at Tyler.; **High visibility location directly across from UT Tyler**, with record enrollment of 11,600 students (Fall 2025) expected to exceed 13,000 by 2027.; Planned infrastructure improvements including a pedestrian bridge and traffic signal connecting the property to the university.
