Former Red Lobster | 1500 W Southwest Loop 323
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Former Red Lobster 1500 W Southwest Loop 323
7,468 SF Retail Building Tyler, TX 75701 £2,269,105 (£304/SF)
Investment Highlights
- High Traffic Counts
- Parking Lot
- Excellent Visibility
Executive Summary
*PRICE REDUCED*
The property sits on a 1.74 acre lot and features ample parking with approximately 150 spaces. Location has excellent visibility with 37,678 VPD (TXDOT '22). Ideal investment opportunity!
The property sits on a 1.74 acre lot and features ample parking with approximately 150 spaces. Location has excellent visibility with 37,678 VPD (TXDOT '22). Ideal investment opportunity!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,468 SF
Building Class
B
Year Built
1980
Price
£2,269,105
Price Per SF
£304
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
1.74 AC
Zoning
C-2
Parking
120 Spaces (16.07 Spaces per 1,000 SF Leased)
Frontage
210 ft on S Southwest Loop 323
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1-50000-1290-00-002000 | Improvements Assessment | £368,919 |
| Land Assessment | £606,237 | Total Assessment | £975,156 |
PROPERTY TAXES
Parcel Number
1-50000-1290-00-002000
Land Assessment
£606,237
Improvements Assessment
£368,919
Total Assessment
£975,156
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Former Red Lobster | 1500 W Southwest Loop 323
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