2019 Loop Rd 323 Tyler, TX 75701

This exceptional investment opportunity presents a fully occupied, two-tenant retail property totaling 9,467 square feet situated on a 1.15-acre lot in Tyler, Texas. The property, built in 1984 and renovated in 2023, boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $74,826. Located at 2019 S SE Loop 323, the property benefits from its prime location on a major thoroughfare within a growing area. The two tenants, Anderson Automotive (a long-standing, reputable business) and Wheels Up Front (a multi-location expanding business), both possess strong credit and maintain positive reputations. The property features two single-story buildings with a C-1 zoning designation. The asking price is $1,068,955.71, translating to $112.91 per square foot and $21.33 per square foot for the land. This NNN-leased property offers stable, long-term income potential with 100% occupancy. The lease terms are favorable, providing a secure investment for the discerning buyer. This is a rare opportunity to acquire a well-established, high-performing retail property in a desirable location. The property's history of consistent occupancy and strong tenant performance makes it an attractive investment with significant upside potential. The recent renovation ensures the property is well-maintained and ready for continued success.