4064 Broadway Ave Tyler, TX 75701
- Industrial properties
- 16,806 SF
- 2.67 lot acres
Current Use by Public Records
- 2M Automotive / Car Repair And Maintenance Service / Mechanic
Property Details for 4064 Broadway Ave
- Year built
- 1977
- Lot size
- 2.67 lot acres
- Property size
- 16,806 SF
- Property type
- Industrial properties
Description
This exceptional Tyler, TX industrial property presents a compelling investment opportunity. Located at 4064 S Broadway Avenue, this 2.67-acre site boasts two buildings totaling 16,806 square feet. The East building, spanning 7,920 square feet, is already pre-leased to an automotive tenant under a new three-year NNN lease commencing August 31, 2024, with annual base rent increases. The West building, encompassing 8,886 square feet, is newly renovated and ready for immediate occupancy, offering flexible leasing options for multiple tenants. Unit sizes range from 698 to 3,743 square feet, catering to diverse business needs. The property features excellent ingress and egress with a stoplight directly on Broadway Avenue, ensuring high visibility and convenient access. A new dedicated pylon sign on Broadway Avenue is scheduled for completion in Q4 2024, further enhancing visibility. Ample paved yard space, secured by perimeter fencing, provides ample room for storage or operations. This property offers a unique blend of immediate income generation and significant future growth potential, making it an ideal investment for discerning buyers seeking a strong return on investment in a prime Tyler location. The asking price is $1,400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3006
- Latitude
- 32.3057
