713 W Southwest Loop 323, Tyler, TX

$3,100,000

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1.42

Acres

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
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
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
Garages No Garage, On Site, Parking Lot, Paved, Unassigned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Description Level
Roof Flat
Construction Other
Foundation Slab

Additional Information

Zoning Commercial

Listing Details

AgentSam Scarborough
OfficeScarborough Commercial Real LL

Listing Map

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