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Downtown Tyler Retail Space Available
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106 East Elm Street, Tyler, TX 75702

9200 SF retail space in up-and-coming Tyler, TX.

Space Size3,200 SF - 6,000 SF
Property Size110,000 SF
Days on Market1280

Property Features for 106 East Elm Street

General Information

Standard status Active
Size 3,200 SF - 6,000 SF
Class A
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 110,000 SF
Year Built 1950
Tenancy Multiple

Spaces For Lease

at 106 East Elm Street Contact us

1st Floor - 6000 SF Retail Space

Size
6,000 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Basement - 3200 SF Retail/Office Space

Size
3,200 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Scarborough Commercial Real Estate
Listed By: Samuel Scarborough, CCIM · License #TX 687976
Source: Crexi
Added: Feb 9, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:54AM

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 Scarborough Commercial Real Estate

Investment Insights

Based on property information with market context.

A total of 9200 square feet of retail space is available for rent in downtown Tyler, Texas, consisting of 6000 square feet on the first floor and 3200 square feet in the basement area. The space is expected to be delivered in warm shell condition in Q1 of 2024, featuring primed drywall, electric run to the space with outlets, a dedicated water line, a suspended air handler unit, LED lighting, and an existing concrete slab. The landlord is offering a tenant improvement allowance of $20 per square foot for the finish out of the space. The property is located near new multifamily and townhome developments, the medical district, the proposed Smith County Courthouse, a parking garage, and other upcoming projects. This space is suitable for a restaurant or bar, a boutique grocery store, or general retail use.

Key Highlights

  • 9200 SF of retail space in up‑and‑coming downtown Tyler, TX.
  • $20 PSF Tenant Improvement (TI) allowance offered.
  • Warm shell delivery in Q1 2024 (primed drywall, electric, water, air handler, LED lighting, concrete slab).

Property Analytics

Current Use

Sheriff Department Civil ... Sheriff'S Department

Suggested Use

Top Pick Storage Facility Pharmacy Daycare Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,826
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Groceries 18% Dining 17% Apparel 4%
Murphy USA Shops & Services
26,016 visits/mo 0.4 miles
La Michoacana Meat Market Groceries
14,204 visits/mo 0.4 miles
Wendy's Dining
11,028 visits/mo 0.4 miles
Family Dollar Shops & Services
6,769 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
5,606 visits/mo 0.2 miles

Demographics for 75702, TX

26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
Median Home Value

Market

Lease Benchmarks for Tyler, TX

$16.08 /SF/Yr
Avg Asking Price
$2.96–$43.85 /SF/Yr
Price Range
6,117 SF
Avg Space Size

This space is priced 25% below the average of $16.08 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 9200 SF retail space in up-and-coming Tyler, TX.
Where is this retail space located?
The property is located at 106 East Elm Street Tyler, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 9200 SF of retail space in up‑and‑coming downtown Tyler, TX.; $20 PSF Tenant Improvement (TI) allowance offered.; Warm shell delivery in Q1 2024 (primed drywall, electric, water, air handler, LED lighting, concrete slab).
More about this property
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