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Office Complex Pre-Leasing Opportunity
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5637 Paluxy Dr, Tyler, TX 75703

Office complex with flexible square footage available for lease.

Space Size20,000 SF
Days on Market1231

Property Features for 5637 Paluxy Dr

General Information

Standard status Active
Size 20,000 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 20,000 SF
Tenancy Multiple

Spaces For Lease

at 5637 Paluxy Dr Contact us

Option 1

Size
20,000 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Drake Real Estate & Investments
Listed By: Matthew Marshall · License #TX 75703
Source: Crexi
Added: Mar 30, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:18AM

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.

This property presents a build-to-suit opportunity and is currently in the pre-leasing phase. An office complex of up to approximately 20,000 square feet is planned, designed to accommodate varying square footage requirements. The minimum square footage available is approximately 10,000 square feet.

Key Highlights

  • Build to Suit Opportunity
  • Pre‑leasing Available
  • Up to Approximately 20,000sf Office Complex

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Repair Shop Spa & Massage Center Law Firm

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

76
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

Lease Benchmarks for Tyler, TX

$11.29 /SF/Yr
Avg Asking Price
$7.16–$15 /SF/Yr
Price Range
20,683 SF
Avg Space Size

This space is priced 113% above the average of $11.29 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office building - Office complex with flexible square footage available for lease.
Where is this office building located?
The property is located at 5637 Paluxy Dr Tyler, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Build to Suit Opportunity; Pre‑leasing Available; Up to Approximately 20,000sf Office Complex
(903) 581-3737 Call to check price and availability
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