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    4007 Broadway Ave Tyler, TX 75701

    For Lease
    $12 SF/Yr

    Grocery-anchored retail space, 4 units available.

    Lot size:
    20,417 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail and office opportunity is located at 4007 S Broadway Ave in Tyler, Texas, within the vibrant Smith County. The property, known as Sprouts Shadow-Anchored Center, boasts a total of 20,417 square feet across eight suites, with 3,600 square feet currently available for lease. Individual spaces range from a minimum of 900 square feet to a maximum contiguous space of 1,800 square feet, offering flexibility for various business needs. Built in 1973 and zoned C-1, this 1.6-acre property benefits from its strategic location and proximity to a major grocery anchor tenant. The property's exterior will undergo a significant update, with facade and signage improvements designed to complement the neighboring Sprouts grocery store. Renderings showcasing these planned enhancements are available. This presents a unique chance to establish a presence in a well-located, soon-to-be-revitalized retail center. The property's multiple tenancy allows for a diverse range of businesses, creating a synergistic environment. This is an ideal investment for businesses seeking high visibility and convenient access in a thriving Texas market.

    Property Features for 4007 Broadway Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,417 SF
    Total Rate
    20417

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    Suite H
    Size
    1,800 SF
    Rate per SF
    $12
    Space
    Suite G
    Size
    900 SF
    Rate per SF
    $18
    Space
    Suite F
    Size
    900 SF
    Rate per SF
    $18
    Space
    Suite B
    Size
    1,800 SF
    Rate per SF
    $18
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Game X Change Video Game Store VLove Nail Studio Nail Salon Blessing America Shopping Mall HALY AFRICAN AIR ... Hair Salon Damariscotta Mini Storage Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3022562
    Latitude
    32.3071591

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    FAQs

    What type of property is this?
    Office Property / Space - Grocery-anchored retail space, 4 units available.
    Where is this office property / space located?
    The property is located at 4007 Broadway Ave Tyler, TX.
    What is the lease rate?
    The lease rate is $12-$18 SF/Yr.
    Request Owner's contact information
    4007 Broadway Ave Tyler, TX 75701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4007 Broadway Ave Tyler, TX 75701
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