Multi-Tenant Bldg with Income or Re-Development Potential
1816 E SE Loop 323, Tyler, TX 75701
Marketing description
Strategically positioned at the signalized intersection of Loop 323 and Paluxy Drive, this property delivers exceptional visibility and accessibility in one of Tyler’s most active retail corridors. The building provides immediate rental income with upside potential for redevelopment.
Currently 75% owner occupied, the remaining 25% is occupied with a gross lease in place:
10/2024-9/2025: $1,600/mo
10/2025-9/2028: $1,700/mo
The site offers consistent customer draw, plus ingress and egress points from both Loop 323 and Paluxy Drive to ensure smooth traffic flow and convenient customer access.
Nearby:
WALMART NEIGHBORHOOD MARKET: 966.8K Visits per Yr
CRUNCH FITNESS: 817.1K Visits per Yr, 7th Busiest CRUNCH in Texas, 16th Busiest CRUNCH in Nation
TEXAS ROADHOUSE: 598.2 Visits per Yr, 12th Busiest TX ROADHOUSE in Texas
Investment highlights
High Traffic Counts: Benefiting from strong daily vehicle counts along both Loop 323 and Paluxy, ensuring maximum exposure for tenants.
Development Opportunity: Suitable for a Quick Service Restaurant (QSR) or other high-demand retail/restaurant use.
Strong Surrounding Retail: Located near established national and regional retailers, enhancing customer draw and property value.
Traffic count: 38,739 vpd
Frontage: 139 ft on Loop 323
Utilities: All available on site
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