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    8900 Broadway Ave Tyler, TX 75703

    Sponsored
    For Lease
    $8 SF/Yr

    Tyler, TX: Prime Retail Space Available

    Lot size:
    200,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 8900 Broadway Avenue in Tyler, Smith County, Texas, presents a unique investment opportunity. Built in 2014, this multi-tenant center boasts a total building area of 200,000 square feet, with 98,407 square feet currently vacant. The property is strategically positioned at the intersection of Broadway Avenue and the new TX-Loop 49 Toll Road, benefiting from high visibility and convenient access. The Village at Cumberland Park is a regional mega-center serving a wide East Texas market, attracting a diverse range of customers. Individual spaces range from a minimum of 2,835 square feet to a maximum contiguous space of 50,744 square feet, offering flexibility for various retail concepts. The center's location within the rapidly growing southern portion of the Tyler market ensures strong potential for future growth and increased foot traffic. This property is part of a larger 80-acre development, ultimately encompassing over 700,000 square feet of gross leasable area, establishing it as a premier retail destination in the region. The existing tenant mix includes a collection of national retailers, unique restaurants, and entertainment venues, creating a vibrant and attractive shopping environment. This presents a rare chance to secure prime retail space in a thriving, high-traffic location.

    Property Features for 8900 Broadway Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    200,000 SF
    Total Rate
    133333.33

    Building Details

    Year Built
    2014

    Unit(s) available at that property

    Space
    1st Fl, Ste 8950-148
    Size
    50,744 SF
    Rate per SF
    $8
    Space
    1st Fl, Ste 8926-152
    Size
    13,229 SF
    Rate per SF
    $25
    Space
    1st Fl, Ste 8942-162
    Size
    8,566 SF
    Rate per SF
    $20
    Space
    1st Fl, Ste 8930-212
    Size
    4,067 SF
    Rate per SF
    $25
    Space
    1st Fl, Ste 8926-180
    Size
    2,835 SF
    Rate per SF
    $25
    Space
    1st Fl, Ste 8938-380
    Size
    4,502 SF
    Rate per SF
    $25
    Space
    1st Fl, Ste 8930-276
    Size
    3,844 SF
    Rate per SF
    $25
    Space
    1st Fl, Ste 8926-172
    Size
    3,098 SF
    Rate per SF
    $25
    Space
    1st Fl, Ste 8942-180
    Size
    7,522 SF
    Rate per SF
    $18

    HighLights

    • Retail property totaling 200,000 square feet.
    • Multi‑tenant building with 9 available spaces.
    • Spaces range from 2,835 to 50,744 contiguous square feet.
    • 98,407 square feet currently vacant.
    • Built in 2014.
    • Located in Smith County, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3082726
    Latitude
    32.2523331

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    FAQs

    What type of property is this?
    Retail property - Tyler, TX: Prime Retail Space Available
    Where is this retail property located?
    The property is located at 8900 Broadway Ave Tyler, TX.
    What is the lease rate?
    The lease rate is $8-$25 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 200,000 square feet.; Multi-tenant building with 9 available spaces.; Spaces range from 2,835 to 50,744 contiguous square feet.
    Request Owner's contact information
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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
    8900 Broadway Ave Tyler, TX 75703
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