Absolute NNN
New
For Sale
Contact for pricing
6500 South Broadway Avenue, Tyler, TX 75703
A new absolute NNN lease runs through 12/31/2045 with annual contractual rent increases.
Property SizeContact for details
Days on Market6
Property Features for 6500 South Broadway Avenue
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Net Operating Income
$240,000
Financials
Asking Price
$3,356,643
Cap Rate
7.15%
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
Listed By:
Jacob Abusharkh · License #CA 01385529
(415) 269-2474
Source:
Crexi
Added: Sep 8
Changed: Sep 11
Last Checked: Sep 13 at 8:11AM
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 The Kase Group
Investment Insights
Based on property information with market context.
The property is a Panther Petroleum location at 6500 South Broadway Avenue in Tyler, Texas. It is subject to a new 20-year absolute NNN lease expiring 12/31/2045, with 2% annual rent increases and zero landlord responsibilities under the lease structure.
The site is positioned along Tyler’s South Broadway retail corridor, with national retailers and grocery anchors in the surrounding area. The lease is backed by Panther Petroleum, a Houston-based operator that expanded from 23 stores in 2024 to more than 30 by mid-2025, with stated plans to reach 50–55 locations under brands including Shell, Chevron, Exxon, and Valero.
The site is positioned along Tyler’s South Broadway retail corridor, with national retailers and grocery anchors in the surrounding area. The lease is backed by Panther Petroleum, a Houston-based operator that expanded from 23 stores in 2024 to more than 30 by mid-2025, with stated plans to reach 50–55 locations under brands including Shell, Chevron, Exxon, and Valero.
Key Highlights
- New 20‑year absolute NNN lease expires 12/31/2045
- 2% annual rent increases during the lease term
- Zero landlord responsibilities under the absolute NNN structure
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
634k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Dining 38%
Shops & Services 16%
Hotels & Casinos 1%
Walmart
Superstores
146,641 visits/mo
0.4 miles
Target
Superstores
127,858 visits/mo
0.5 miles
Chick-fil-A
Dining
48,583 visits/mo
0.4 miles
Chuy's
Dining
34,450 visits/mo
0.4 miles
Murphy USA
Shops & Services
28,114 visits/mo
0.4 miles
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - A new absolute NNN lease runs through 12/31/2045 with annual contractual rent increases.
Where is this nnn property located?
The property is located at 6500 South Broadway Avenue Tyler, TX.
What is the asking price?
The asking price for this property is $3,356,643.
What are key features of this property?
This property features: New 20‑year absolute NNN lease expires 12/31/2045; 2% annual rent increases during the lease term; Zero landlord responsibilities under the absolute NNN structure
