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2119 E Southeast Loop 323 3,055 SF Retail Building Tyler, TX 75701 $3,441,301 CAD ($1,126.45 CAD/SF) 5% Cap Rate

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Investment Highlights

  • New 10 year NN lease with 3% annual rental increases
  • Tenant investing $1M+ into interior/exterior facade improvements
  • Top trade intersection in Tyler with 70,000+ VPD
  • Below market rent commenced February 2026; opening June
  • Well known and highly respected healthcare provider University of Texas (UT) Health East TX
  • Excellent demos with $98k AHHI within 1 mile

Executive Summary

Owner/Developer is licensed Broker in Ohio acting as principal only.
University of Texas (UT) Health of East Texas Urgent Care. New 10 year NN lease (roof & structure) with 3% annual rent increases. The tenant is investing $1M into interior and exterior improvements showing long term commitment to the site. Completely renovated in 2014/2026 with new roof (30 year roof) with all new mechanicals including, HVAC, electrical, plumbing, and parking lot.
The 35’ freestanding pole sign and electronic reader board (tallest at corner) provide unmatched visibility to both the Loop & Troup and would be impossible to get approved today.
The site benefits from being located at one of the top trade intersections in Tyler with 70,000+ VPD. It’s surrounded by newer Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald’s, Walgreen’s, Chick-fil-A, SBUX, Texas Roadhouse and many other national credit tenants.
It’s close in proximity to the University of Texas at Tyler; approximately 1.3 miles to the east and has over 9,000 students. The college recently announced a new medical program and expects to increase overall enrollment.
Simon Property Group’s Broadway Square Mall is to the west and the only regional mall in east Texas.
The development and growth in Tyler continues its upward trajectory with 2% annual population increases. The location has excellent demographics with very strong average household income in excess of $98k

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,055 SF
Building Class
B
Year Built
2000
Price
$3,441,301 CAD
Price Per SF
$1,126.45 CAD
Cap Rate
5%
NOI
$172,065 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.42 AC
Zoning
C-1 - General commercial
Parking
10 Spaces (3.27 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Starbucks
7 Brew Coffee
Walmart Neighborhood Market
Crunch Fitness
Country Kitchen
Texas Roadhouse
Anytime Fitness
Southside Bank
Corner Bakery Cafe
Bank of America

Property Taxes

Property Taxes

Parcel Number
1-50000-1092-00-008000
Land Assessment
$374,611 CAD
Improvements Assessment
$512,255 CAD
Total Assessment
$886,867 CAD
  • Listing ID: 39689050

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 2119 E Southeast Loop 323, Tyler, TX 75701

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