1424 E Front St | Tyler, TX 75702
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1424 E Front St
Tyler, TX 75702
Office Property For Sale
Executive Summary
Approximately 16,542 SF Building on 3.74 Acre Site.
100% Leased; Lease Signed by Corporate Entity; Well Established Tenant Within the Medical Field.
Significant Frontage/Access Along Three Sides; Frontage Along Front St. Approximately 520’.
Traffic Counts ±17,000 VPD (2018).
Additional Storage on Site.
Close Proximity to Medical District (0.5 mile) & Tyler Junior College.
Built in 1983
Zoned C-1, RPO, and R-MF
100% Leased; Lease Signed by Corporate Entity; Well Established Tenant Within the Medical Field.
Significant Frontage/Access Along Three Sides; Frontage Along Front St. Approximately 520’.
Traffic Counts ±17,000 VPD (2018).
Additional Storage on Site.
Close Proximity to Medical District (0.5 mile) & Tyler Junior College.
Built in 1983
Zoned C-1, RPO, and R-MF
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
16,542 SF
Building Class
C
Year Built
1983
Price
£2,756,950
Price Per SF
£167
Net Initial Yield
8.50%
NOI
£234,341
Tenancy
Single
Number of Floors
1
Typical Floor Size
16,542 SF
Building FAR
0.17
Lot Size
2.19 AC
Zoning
F1 - Commercial
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,433,855 | |
| Land Assessment | £167,849 | Total Assessment | £1,601,704 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£167,849
Improvements Assessment
£1,433,855
Total Assessment
£1,601,704
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