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    4500 Broadway Ave Tyler, TX 75703

    For Lease
    $16 SF/Yr

    High-traffic retail space, multiple units available.

    Lot size:
    194,087 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The French Quarter, located at 4500 S Broadway Ave, Tyler, TX 75703, presents a unique investment opportunity in a thriving retail center. This two-story, 194,087 square foot community center, built in 1976, sits on a 15-acre lot and offers ample parking with 1,000 spaces. The property is zoned C-1 and is situated at the highly visible intersection of Loop 323 and S. Broadway Ave in Smith County, boasting exceptional visibility and accessibility. According to 2021 TxDOT counts, this corner experiences exceptionally high traffic volume, with approximately 41,103 vehicles per day on Broadway Ave and 34,023 vehicles per day on Loop 323. The French Quarter offers flexible space options, with a minimum divisible space of 516 square feet and a maximum contiguous space of 12,123 square feet, making it suitable for a variety of retail tenants. This multi-tenant property provides a strong foundation for immediate income generation and long-term growth potential. The property's size, location, and high traffic counts make it an ideal investment for those seeking a prominent retail presence in a busy Tyler, Texas market. The building features 27 stories.

    Property Features for 4500 Broadway Ave

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    194,087 SF
    Total Rate
    258782.67

    Building Details

    Year Built
    1976
    Stories
    27

    Unit(s) available at that property

    Space
    4516
    Size
    8,320 SF
    Rate per SF
    $19
    Space
    4526-A
    Size
    4,825 SF
    Rate per SF
    $19
    Space
    4520
    Size
    2,984 SF
    Rate per SF
    $18

    HighLights

    • High daily traffic counts ensure excellent visibility.
    • Recently renovated exterior enhances curb appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Einstein Bros. Bagels Bagel Shop Embroidery Design Embroidery Service Foundation Repair Tyler ... Concrete Contractor MVM Enterprises, LLC Corporate Office Lowell Sandwich Co. Sandwich Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2991426
    Latitude
    32.3010954

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    FAQs

    What type of property is this?
    Community center - High-traffic retail space, multiple units available.
    Where is this community center located?
    The property is located at 4500 Broadway Ave Tyler, TX.
    What is the lease rate?
    The lease rate is $18-$19 SF/Yr.
    What are key features of this property?
    This property features: High daily traffic counts ensure excellent visibility.; Recently renovated exterior enhances curb appeal.;
    Request Owner's contact information
    4500 Broadway Ave Tyler, TX 75703
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    Tyler, TX 75703
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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
    4500 Broadway Ave Tyler, TX 75703
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