$3,198,000
For more information regarding the value of a property, please contact us for a free consultation.
1.46 Acres Lot
SOLD DATE : 02/16/2023
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Plaza @ Oak Hollow
MLS Listing ID 20211544
Sold Date 02/16/23
Total Fin. Sqft 10964
Year Built 2013
Lot Size 1.462 Acres
Acres 1.462
Property Description
Triple net investment opportunity in East Texas with Tex-Mex restaurant concept. Tenant has a long term lease and is in proximity to high average household income fronting Tyler's newest retail corridor in South Tyler, Old Jacksonville Hwy.
Location has remained one of the top two restaurant locations for alcohol sales in Smith County within the last 11 months [December 2021 - October 2022] (Source: Texas Comptroller).
100% leased.
Excellent visibility.
Ingress & egress on Old Jacksonville Hwy.
Zoned C-1; Light Commercial.
Ample parking.
Sprinkled.
Easy access to Toll 49, Loop 323, and S. Broadway (Hwy 69).
Traffic Counts: ~27,079 VPD at Oak Hill Blvd and Old Jacksonville Hwy (Source: TxDOT 2021).
Location
State TX
County Smith
Zoning C-1: Light Commercial
Direction From the intersection of W Grande Blvd and Old Jacksonville Hwy., head South on Old Jacksonville Hwy. In approx. 0.98 miles, the property will be located on the left.
Interior
Heating Central
Cooling Electric
Flooring Carpet, Tile
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected
Roof Type Flat,Other
Parking Type Concrete, Off Street, Parking Lot
Garage No
Building
Foundation Slab
Structure Type Brick,Concrete,Rock/Stone
Others
Ownership 7212 OLD JACKSONVILLE LLC
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 North Texas Real Estate Information Systems.
Bought with Non-Mls Member • NON MLS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "