About 713 W Southwest Loop 323
The River Oaks Shopping Center is situated on approximately 1.42 acres of land and is currently occupied by a diverse tenant mix. This shopping center is positioned on a prime location on Loop 323 with the center surrounded by national retailers. With almost 36K vehicles per day and 280 ft of road frontage, the center is positioned for long term tenancy due to exposure and surrounding users. The center had extensive updates and improvements completed in 2021. From brand new roof systems to state-of-the-art HVAC units, upgraded plumbing lines above and below the slab. The overall enhancements to the center create an inviting atmosphere that will undoubtedly attract customers and drive business. Featuring a convenient drive-through on the East side, with an easement connecting Loop 323 to Shelly Drive. At 71% occupancy, there's still room for increased occupancy, allowing you to maximize your returns. Plus, all leases are on a NNN basis, meaning tenants take care of owner expenses.
Features of 713 W Southwest Loop 323
MLS® # | 20534343 |
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Price | $3,100,000 |
Bathrooms | 0.00 |
Acres | 1.42 |
Year Built | 1976 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 713 W Southwest Loop 323 |
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Subdivision | City Of Tyler |
City | Tyler |
County | Smith |
State | TX |
Zip Code | 75701-9460 |
Amenities
Utilities | Asphalt, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Overhead Utilities |
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Garages | No Garage, On Site, Parking Lot, Paved, Unassigned |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Natural Gas |
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Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Exterior
Lot Description | Level |
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Roof | Flat |
Construction | Other |
Foundation | Slab |
Additional Information
Zoning | Commercial |
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Listing Details
Agent | Sam Scarborough |
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Office | Scarborough Commercial Real LL |