Property profile

121 Broadway Ave Tyler, TX 75702

OFF-MARKET
Office Spaces
92,000 SF Built 1949
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Property summary

AI-generated overview

The Fair Building, a prominent eight-story, 92,000 square foot office building in downtown Tyler, Texas, offers 95 suites for lease. Built in 1949 and located at 121 S Broadway Ave, 75702, this traditional office building features two elevators and ample parking in a nearby garage. Currently, multiple suites are available, ranging from 99 to 3,710 square feet, catering to businesses of all sizes. The building has undergone significant renovations in 2024, including a new roof, HVAC systems, electrical panels, updated break rooms and conference rooms, new flooring and paint in 28 suites, and updated LED lighting. The exterior has also been refreshed with pressure washing and window recaulking. Janitorial service is included, and the full-service rate is $12.00-$13.50 per square foot annually. Its central location provides easy access to numerous restaurants and coffee shops. This is an excellent opportunity to secure office space in a revitalized, well-maintained building in the heart of Tyler's vibrant downtown area.

Property profile

Verified
Property type Office Spaces
Year built 1949
Total area 92,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Law Firm
  • Law Firm
  • General Contractor

Location

121 Broadway Ave Tyler, TX 75702
Tyler metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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