Log In/Sign Up
Your email has been sent.
1800-1820 Shiloh Rd
Tyler, TX 75703
The Atrium at Shiloh · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Recent improvements include: mansard roof replacement, upgraded landscaping, parking lot resurfacing, HVAC replacement on an as-needed basis
- Professionally managed and well maintained asset
- Overflow parking lot included in sale
- Priced well below replacement value at $60.76 per square foot
EXECUTIVE SUMMARY
The ATRIUMS at Shiloh is a 3-building, Class B office complex located at the signalized corner of Shiloh Road and Paluxy Drive just “outside the Loop” in desirable South Tyler. This 39,086 SF complex on 2.76 acres has maintained a ~95% occupancy rate over the past three years due to below market rents and the availability of short term leases. These factors present an upside opportunity for buyers.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
39,086 SF
Building Class
B
Year Built
1983
Price
$3,271,111 CAD
Price Per SF
$83.69 CAD
Cap Rate
6.59%
NOI
$215,538 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
39,086 SF
Building FAR
0.33
Lot Size
2.76 AC
Zoning
RPO - RPO - Restricted Professional Office
PROPERTY TAXES
| Parcel Number | 1-50000-1032-24-011000 | Improvements Assessment | $3,051,829 CAD |
| Land Assessment | $333,002 CAD | Total Assessment | $3,384,831 CAD |
PROPERTY TAXES
Parcel Number
1-50000-1032-24-011000
Land Assessment
$333,002 CAD
Improvements Assessment
$3,051,829 CAD
Total Assessment
$3,384,831 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
