Listed by Venture Commercial
$5,200,000
Simpson Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,433
Cap Rate 6.44%
NOI $334,689
Occupancy 100%
Tenancy Multi
Brand/Tenant chico's, hollywood feed
Lease Type NNN
Rent Bumps Yes
Year Built 2003
Buildings 1
Stories 1
Acreage 0.589
Ground Lease No
Price Reduced | TX Retail | 6.44% CAP | 8,433 SF
Marketing description
The Investment Sales team at Venture has exclusively listed Simpson Plaza in Tyler, TX.
Investment highlights
- Updated pricing
- Prime real estate in a fast-growing Texas market
- Hard corner signalized intersection of Tyler, TX’s main retail roads with 85,000+ vehicles per day
- Long term tenant, Chico’s, has leased since 2003
- Brand new 5-year lease with Hollywood Feed
- Tyler named #1 Best City in Texas to Move To & #1 Best U.S. City to Retire To (USA Today, 2024)
- Landlord replaced roof in 2025 in conjunction with Hollywood Feed opening
Listing Contacts
Listed by Venture Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$334,689.00
$27,890.75/mo
Valuation Metrics
0
DSCR
6.44%
Cap Rate
6.44%
ROI
Map
Zoning
C-1 CommercialSpecial CommercialLight Commercial District
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View all 312 uses
View all 312 uses Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics
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