1700-1880 Troup Hwy Tyler, TX 75701
Green Acres Shopping Center, located at 1700-1880 Troup Highway in Tyler, Texas, presents a compelling investment opportunity. This established retail center boasts 155,658 square feet across five buildings, situated on a substantial 62.1-acre lot. The property features 43 suites, with 25,289 square feet currently available for lease. Space sizes range from a minimum of 1,079 square feet to a maximum contiguous space of 4,538 square feet, offering flexibility for various retail tenants. Built in 1958, the three-story center benefits from a prime location with easy access to Troup Highway and Loop 323, ensuring high visibility and convenient customer access. Ample parking is provided with 486 spaces, facilitating easy front-door parking. The center enjoys a strong tenant mix of both national and local retailers. The property is zoned commercial (APN: R067275) and is located in Smith County, Texas, zip code 75701. A negotiable finish-out allowance is available for prospective tenants. This well-established shopping center offers a unique opportunity to acquire a significant retail asset in a thriving Texas market. The property's size, location, and existing tenant base make it an attractive investment for both seasoned and emerging investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.