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New Retail Property For Sale

7671 S Broadway Ave, Tyler, TX

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For Sale

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New retail property with long-term NNN lease and annual rent increases.

Type:SPECIALTY

Property size:

4,485 SF

Lot size:

0.98 Acres

HighLights

Long‑Term NNN Lease: Enjoy immediate long‑term stability with a new 20‑year lease.
Annual Rent Increases: Lease includes 2.00% annual rental increases for consistent income growth.
Accelerated Depreciation: Qualifies for accelerated and bonus depreciation, offering significant tax advantages.
Experienced Operator: Managed by an operator with a proven track record and local market expertise.
Newly Constructed: The site is newly constructed.
Income From Day One: Lease commences immediately upon close of escrow.

We can help!

Listing Contact

Anthony Bird

For Sale

Contact for pricing

New retail property with long-term NNN lease and annual rent increases.

Type:SPECIALTY

Property size:

4,485 SF

Lot size:

0.98 Acres

Added:: Jan 9, 2025
Days on Market:: 516
Last Refresh:: May 20 at 9:26 pm

Property Features for 7671 S Broadway Ave

General Information

Standard status: Active
Size: 4,485 SF
Lot size: 0.98 Acres
Property subtype: SPECIALTY

We can help!

Listing Contact

Anthony Bird

Listing agent Anthony Bird License #49KU1129178

Listing office NNN Pro Group

Listing date Jan 9, 2025

Source Moodyscre

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 NNN Pro Group

HighLights

Long‑Term NNN Lease: Enjoy immediate long‑term stability with a new 20‑year lease.
Annual Rent Increases: Lease includes 2.00% annual rental increases for consistent income growth.
Accelerated Depreciation: Qualifies for accelerated and bonus depreciation, offering significant tax advantages.
Experienced Operator: Managed by an operator with a proven track record and local market expertise.
Newly Constructed: The site is newly constructed.
Income From Day One: Lease commences immediately upon close of escrow.

Overview

This newly constructed retail property is subject to a 20-year lease, commencing upon the close of escrow, providing long-term stability and immediate income. The lease includes 2.00% annual rental increases, ensuring consistent income growth throughout the lease period and enhancing the property’s long-term revenue potential. The property is managed by an experienced operator with a proven track record and in-depth knowledge of the local market, ensuring effective management, strategic tenant selection, and a keen understanding of market trends, all of which contribute to the property's stability and growth potential. The property qualifies for both accelerated and bonus depreciation, offering tax advantages for investors, allowing for faster cost recovery, reducing taxable income in the early years of ownership and enhancing cash flow. The property contains 4,485 square feet.

Property Profile Location Intelligence

Current Use by Public Records

LOCAL Car Wash Car Wash

Suggested Use

Similar Places Nearby

FLOWERS THRIFT STORE 50000335 — 1203 W Erwin St, Tyler, TX 75702
Novedades Cristo — 112 N Palace Ave, Tyler, TX 75702
The Flower Box — 410 S Fannin Ave, Tyler, TX 75702
Novedades Cristo — 186 N Palace Ave, Tyler, TX 75702
Flowers Baking Co (Nature's Own) — 1200 W Erwin St, Tyler, TX 75702

Location Insight

Map
Local Demand

City: Tyler
County: Smith
State: Texas
Longitude: -95.3096
Latitude: 32.2649

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For sale
Storefront properties
TX
Tyler
7671 S Broadway Ave

What type of property is this?

Storefront property - New retail property with long-term NNN lease and annual rent increases.

Where is this storefront property located?

The property is located at 7671 S Broadway Ave Tyler, TX.

What are key features of this property?

This property features: Long‑Term NNN Lease: Enjoy immediate long‑term stability with a new 20‑year lease.; Annual Rent Increases: Lease includes 2.00% annual rental increases for consistent income growth.; Accelerated Depreciation: Qualifies for accelerated and bonus depreciation, offering significant tax advantages.

7671 S Broadway Ave, Tyler, TX

New retail property with long-term NNN lease and annual rent increases.

Property Features for 7671 S Broadway Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Drive-Through QSR Restaurant Outparcel

Freestanding Office-Retail Building

Operating Gas Station on Highway

Income-Producing Multifamily Retreat

Flex Building with Roll-Up Doors

Fully Operational Vehicle Repair Shop

Side-by-Side Duplex Investment

Freestanding Retail Office Opportunity

Fully Operational Exxon Gas Station

Office Suites with Multiple Private Offices

Duplex with Separate Entrances

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