Listed by Smith & Crisp
Unpriced
Old Jacksonville Retail Strip
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 12,049
Units 3
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Class A
Buildings 1
Acreage 1.000
294,660 NOI Multi-Tenant Strip
Marketing description
Sonoma Village presents a rare opportunity to acquire half of a newly constructed, 100% leased net-leased retail center in Tyler, TX. This portion of the property is leased to three diverse tenants across the food, service, and retail sectors, all on NNN leases with scheduled rent escalations.
Located in an affluent suburb of Tyler with high visibility and access from Old Jacksonville Hwy (35,000 ADT), the property offers strong fundamentals and long-term upside. The property currently generates a Net Operating Income of $294,660, providing investors with stable cash flow and exposure to one of East Texas’s most active commercial corridors.
Listing Contacts
Listed by Smith & Crisp
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