Absolute NNN Pharmacy
For Sale
Contact for pricing
Pending
4285 State Highway 31 West, Tyler, TX 75702
Pharmacy-occupied asset with a seven-year primary lease and scheduled rental increases.
Property SizeContact for details
Days on Market141
Property Features for 4285 State Highway 31 West
General Information
Standard status
Pending
Property subtype
Retail, Industrial
Building Details
Tenancy
Single
Listing Agency:
Drake Real Estate & Investments
(903) 581-3737
Listed By:
Matthew Marshall · License #TX 75703
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 1:30PM
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 Drake Real Estate & Investments
Investment Insights
Based on property information with market context.
Located at 4285 State Highway 31 West in Tyler, Texas, this property is structured as an absolute NNN pharmacy investment. The existing lease arrangement provides for a new seven-year primary term beginning when the lease is executed, with rental increases scheduled during that initial term.
The asset is situated in East Texas near two regional healthcare hubs and a newly announced medical school. Tyler had recovered 98.2 percent of pre-pandemic employment levels as of November 2020, compared with 95.6 percent statewide, according to the cited Texas workforce and real estate research sources.
The asset is situated in East Texas near two regional healthcare hubs and a newly announced medical school. Tyler had recovered 98.2 percent of pre-pandemic employment levels as of November 2020, compared with 95.6 percent statewide, according to the cited Texas workforce and real estate research sources.
Key Highlights
- Absolute NNN pharmacy property at 4285 State Highway 31 West, Tyler, TX 75702
- New seven year primary lease term begins at lease execution
- Rental increases are included throughout the primary lease term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Grease Monkey
Shops & Services
1,779 visits/mo
0.4 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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Pharmacy-occupied asset with a seven-year primary lease and scheduled rental increases.
Where is this nnn property located?
The property is located at 4285 State Highway 31 West Tyler, TX.
What are key features of this property?
This property features: Absolute NNN pharmacy property at 4285 State Highway 31 West, Tyler, TX 75702; New seven year primary lease term begins at lease execution; Rental increases are included throughout the primary lease term
