Listing Agency: Newberry Real Estate b***@newberryre.com Show Phone

Listed By: Brad Newberry · License #0526613 Show Phone

Source: Exprealty

Added: Oct 27, 2025 Changed: Aug 22 Last Checked: Aug 29 at 1:42PM

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Investment Insights

Based on property information with market context.

This commercial space, located on Troup Highway, offers good visibility and benefits from pass-by traffic. The property includes a half bath and is conveniently located near downtown. The space measures 260 square feet and is suitable for retail use.

Key Highlights

• Commercial space on Troup Hwy
• Good visibility
• High pass‑by traffic

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Parking Lot & Garage HVAC Service Storage Facility Grocery & Convenience Store

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

Lease Details

NNN (Triple Net)

Lease Type

$6.58 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

925

Businesses Nearby

93k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Groceries 23% Shops & Services 21%

Brookshire's Groceries

21,565 visits/mo 0.2 miles

Whataburger Dining

19,642 visits/mo 0.5 miles

Jack in the Box Dining

15,371 visits/mo 0.5 miles

Dollar Tree Shops & Services

14,681 visits/mo 0.3 miles

First Watch Dining

11,251 visits/mo 0.2 miles

Demographics for 75701, TX

34,502

Population

14,630

Households

2.4

Avg Household Size

35

Median Age

29%

College-Educated

89%

High-School Grad

14.1 sq mi

ZIP Area

2,447

Density / Sq Mi

$62,091

Median Household Income

$29,448

Median Earnings

$1,250

Median Rent

$190,500

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 132% above the average of $18.91 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial space with good visibility, convenient to downtown.

Where is this retail space located?

The property is located at 423 Troup Hwy Tyler, TX.

What is the lease rate?

The lease rate is $950/Mo.

What are key features of this property?

This property features: Commercial space on Troup Hwy; Good visibility; High pass‑by traffic