510 Loop Tyler, TX 75702
Westwood Shopping Center presents a prime retail investment opportunity in Smith County. This established neighborhood center boasts a total of 83,020 square feet across three single-story buildings, housing 21 suites. Currently, there are five available spaces ranging from 800 to 3,600 square feet, providing flexibility for various retail concepts. The center enjoys a highly visible hard corner location at the intersection of SSW Loop 323 and S.H. 31 West, benefiting from a dedicated turn lane for easy access and prominent pylon signage opportunities. Anchored by a Super Mercado Monterrey grocery store, Westwood Shopping Center benefits from consistent foot traffic. Building amenities include 24-hour access, convenient bus line access, and tenant-controlled HVAC systems. The property's strategic location and desirable features make it an ideal investment for businesses seeking high visibility and strong tenant demographics. With a total of 3,500 square feet currently vacant, this presents a unique chance to establish or expand your retail presence in a thriving community. The property offers a combination of convenience, visibility, and established tenancy, making it a compelling investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.