4285 Hwy 31 $2,295,000

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    4285 Hwy 31 Tyler, TX 75702

    • 1.98 Acres
    • Commercial
    • MLS# 14525211
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    Property Details

    Description Tours

    PROPERTY OVERVIEW Absolute NNN investment opportunity with stable pharmacy tenant in East Texas in proximity to two regionalhealthcare hubs and a newly announced medical school. As of November 2020 ,Tyler has regained 98.2 percent of the pre-pandemicemployment levels, which exceeds the state average of 95.6 percent (Source Texas Workforce Commission & Texas Real EstateResearch Center at Texas A&M University). New seven year primary lease term will start at lease execution and includes rentalincreases throughout the primary term providing additional cash flow to Buyer. CAP Rate: 6.5% Lease Rate: $150,000 NNN year

    • General Features
      • County Or Parish Smith
      • Possession Closing/Funding
      • Property Sub Type COM-Sale/Leaseback (Both)
      • Property Type Commercial
      • SQFT Building 15000
      • SQFT Gross 15000
      • SQFT Leasable 15000
      • Subdivision Name 31
      • Utilities Asphalt, City Sewer, City Water, Concrete, Curbs, Overhead Utilities
      • Year Built 2010
      • Year Built Details Preowned
    • Building Features
      • Building Area Source Tax
      • Building Use Industrial,Medical,Office/Warehouse
      • Ceiling Height Other
      • Construction Materials Walls Metal
      • Flooring Concrete
      • Foundation Details Slab
      • Heating Other,Zoned
      • Number Of Stories 1
      • Number Of Units 1
      • Parking Features Common Lot
      • Roof Metal
    • Property Features
      • Lot Size 1 Acre to 2.99 Acres
      • Lot Size Area 1.975
      • Lot Size Area SQFT 86031.00
      • Lot Size Source Tax
      • Lot Size Units Acres
    • Additional Features
      • Commercial Features Computer Ready,Single User,Truck Bay

    Contact

    Williams Trew Customer Care

    Williams Trew Customer Care

    Administrator

    Williams Trew - Camp Bowie

    Office: 817-862-4450
    • Prosperity Home Mortgage

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    Max Klinedinst

    Max Klinedinst Mortgage Consultant

    When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.

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    Sherry Carson

    Sherry Carson Insurance Agent

    Home Team Insurance is an independent agency that operates through a network of offices located throughout the North Texas area. As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more. We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs. As an affiliate of Ebby Halliday, Dave Perry-Miller Real Estate and Williams Trew Real Estate we work hand-in-hand with our real estate, lending, and title partners to obtain the coverage you need when buying a home.

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    ©2021 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.