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Property profile & analytics
FOR SALE
Turn key restaurants

6849 S Broadway Ave Tyler, TX 75703

3,726 SF 0.9 ac lot Built 1999
Trust Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US82-0339242
Property summary
AI-generated overview

This exceptional 3,725-square-foot fast-food restaurant building, situated on a 0.89-acre lot, presents a unique opportunity for a quick-service restaurant operator. Located at 6849 S Broadway Ave in Tyler, Texas, this single-tenant property boasts unparalleled visibility and accessibility, being a Walmart outparcel on South Broadway Avenue, a major retail thoroughfare in the city. Built in 2006, the building is classified as Class B and features a single story. The property is zoned C-2 (General Commercial) and has an APN of R143054 within Smith County. The building's previous tenant was a well-known quick-service restaurant, leaving behind a functional and adaptable space ready for immediate occupancy. Its strategic location ensures high traffic volume and exposure to a large customer base. This is an ideal opportunity for a business seeking a well-established location with significant potential for growth in a thriving retail market. The property's size and location make it an attractive investment for a variety of quick-service restaurant concepts. The property is available now.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1999
Total area 3,726 SF
Lot 0.9 ac (39,117 SF)
APN 1-50000-1434-00-018040
UPID US82-0339242
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
Current use
Occupant on record · Public records
  • Whataburger Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thomas,doyle & Karen Trust · 20 yrs held
Thomas,doyle & Karen Trust
since 2006
5 recorded transactions
2016
Price N/A
2012
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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