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Retail Space Under Construction
For Lease
$24 SF/Yr

5647 KPE Way Option 2, Tyler, TX 75703

COMMERCIAL - Tyler, TX

Space Size1,740 SF - 3,480 SF
Lot Size1.89 Acres
Days on Market175

Property Features for 5647 KPE Way Option 2

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Lot features Inside City Limits
Directions From the intersection of WSW Loop 323 and Old Jacksonville Hwy, head south on Old Jacksonville Hwy. In approx. 1.14 miles, right right onto Kpe Way. Property will be just ahead in about 400 feet.
Standard status Active
Size 1,740 SF
Lot size 1.89 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WEST VILLAGE NORTH U-1 BLOCK 1662 LOT 1C.1
Legal Description WEST VILLAGE NORTH U-1 BLOCK 1662 LOT 1C.1

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2027
Building materials Stucco
Listing Agency: Drake Real Estate & Investments
Listed By: Matthew Marshall · License #0544812
Added: Feb 13 Changed: Aug 4 Last Checked: Aug 7 at 6:06PM
MLS# 26002088

Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Option 2 provides a 1,740-square-foot retail space planned as a half-building configuration at 5647 KPE Way in Tyler. The property is under construction, uses stucco construction materials, and is scheduled for delivery in Summer 2027. The space is presented as a retail or office build-to-suit opportunity and carries C-1 zoning.

Public water and public sewer serve the property. The development includes 99 total parking spaces, while the surrounding roadway records 34,726 VPD based on TxDOT's 2024 traffic count. This offering is identified as Option 2 within a three-building development, with the half-building format available for lease or purchase.

Key Highlights

  • 1,740‑square‑foot half‑building configuration
  • C‑1 zoning supports the planned retail or office format
  • Under construction with Summer 2027 delivery

Property Analytics

Current Use

Retail space

Lease Details

34,726 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

27
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

$15.29 /SF/Yr
Avg Asking Price
$2.96–$43.85 /SF/Yr
Price Range
6,755 SF
Avg Space Size

This space is priced 57% above the average of $15.29 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C-1-zoned retail space is planned for delivery in Summer 2027 with public utilities and build-to-suit potential.
Where is this retail space located?
The property is located at 5647 KPE Way Option 2 Tyler, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1,740‑square‑foot half‑building configuration; C‑1 zoning supports the planned retail or office format; Under construction with Summer 2027 delivery
More about this property
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