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405 West Front Street Tyler, TX 75702

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Freestanding restaurant in Tyler, Texas with established tenant.

Type:Restaurant
Property size:
2,650 SF
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:01 am

Property Features for 405 West Front Street

General Information

Standard status
Active
Size
2,650 SF
Property subtype
Restaurant

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Listing Contact
Steve Sauter
Steve Sauter

Listing agent Steve Sauter License #CA: 01084092

Listing office Palo Alto Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Palo Alto Office


Overview

Freestanding Restaurant Investment Opportunity

The subject property is a freestanding restaurant located in Tyler, Texas. Originally constructed in 1979, the property is currently occupied by Mi Mexico Lindo, a family-operated restaurant with a loyal clientele. The tenant subleased this property in January 2017 and in January 2026 executed the second 5 year lease option with one 5 year option term remaining. If this final lease option is exercised by the tenant, then a 10% fixed rent increase shall be implemented. The restaurant caters to the local business community and surrounding residential neighborhood, situated approximately 0.75 miles from downtown Tyler. National retailers in the vicinity include Wendy’s, O’Reilly Auto Parts, and Little Caesar’s Pizza. Caldwell Art Academy, a charter school for students in grades K-8 with a reported student enrollment of 420, is located approximately 350 yards from the property. The city of Tyler, Texas, the county seat of Smith County, has a reported city population of 106,000. Within a 3-mile radius of the property, there are reportedly 61,809 residents and an Average Household Income of $70,946. The property offers an opportunity for an investor seeking to acquire a single tenant investment property. The property size is 2650 square feet.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Law Firm Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Tyler
County
Smith
State
Texas
Longitude
-95.304601
Latitude
32.347052

FAQs

What type of property is this?
Conventional restaurant - Freestanding restaurant in Tyler, Texas with established tenant.
Where is this conventional restaurant located?
The property is located at 405 West Front Street Tyler, TX.
What are key features of this property?
This property features: Single tenant investment property priced below $1.0 million in a large metropolitan city.; Tenant (Mi Mexico Lindo) has a proven track record, subleasing since 2017 and exercising a lease option in 2026.; Located on West Front Street with proximity to national retailers like Wendy’s, O’Reilly Auto Parts, and Little Caesar’s Pizza.
More about this property
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