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    OFF-MARKET
    Office Spaces

    3401 G. Dr, Tyler, TX 75707

    7,806 SF Built 1959
    Property ID
    Property summary
    AI-generated overview

    This 7,806 square foot office building, situated on a 0.64-acre lot at the corner of Telephone Road & G E Drive in Smith County, offers a unique investment opportunity. Conveniently located near Loop 323 and the UT Tyler campus, this former photography studio boasts two entrances and ample parking for approximately 32 vehicles. The building, constructed in 1959, is a two-story Class B property zoned M-1 Industrial. The ground floor comprises several offices, restrooms, common areas including a reception area, a large closet, and dressing rooms. A significant portion of the first floor (approximately 5,600 square feet) is dedicated to a large, open studio space. The second floor, encompassing roughly 2,203 square feet, features additional offices (one with a private bath and closet), a large open workspace with built-in desks, a break room, and another restroom. Access to the second floor is provided via two stairwells, one internal and one external. This single-tenant property is offered as a triple net (NNN) lease; the listed price excludes NNN expenses. The property's versatile layout makes it suitable for a variety of office uses, including traditional, creative, and medical practices.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1959
    Total area 7,806 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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