This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.co.uk.

6525 S Broadway Ave
Tyler, TX 75703

Walk-On's | 15-Yr NNN SLB | 45k VPD | TX · Retail Property For Sale

Investment Highlights

  • New, 15-year, absolute NNN lease with one of the fastest growing restaurant concepts in the country
  • Signalized, hard corner location directly off Broadway Ave with excellent access and visibility to ±45,000 VPD
  • 10% rental increases every 5 years throughout the initial term and options, providing a great hedge against inflation
  • Attractive, average yield of 7.17% over the base lease term, assuming purchase at List Price
  • Full-term, personal guarantee from the principal operator who currently operates 10 locations | See broker for details on net worth
  • Within a few blocks of shopping centers anchored by Target and a Walmart Supercenter

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,458 SF
Building Class
B
Year Built
2017
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
2.01 AC
Parking
105 Spaces (12.41 Spaces per 1,000 SF Leased)
Frontage
102 ft on South Broadway Avenue

Amenities

  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-50000-1434-00-014020
Land Assessment
£974,522
Improvements Assessment
£1,545,321
Total Assessment
£2,519,843
  • Listing ID: 32175705

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: 6525 S Broadway Ave, Tyler, TX 75703

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}