7428 Old Jacksonville HwyTyler, TX 75703

For Sale
Call for price
7,100 SF Restaurant; Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Class A mixed-use property, located at 7428 Old Jacksonville Hwy in Tyler, Texas, presents a compelling value-add investment opportunity. The 7,100 square foot restaurant space, currently operating as Cantina Laredo, is situated on a one-acre lot within the Swann Plaza retail center. Built in 2016, the building boasts impressive features including two 20-foot captive air vent hood systems, 60 tons of air conditioning, a walk-in cooler/freezer, a fully equipped bar, a complete kitchen, and two conference rooms. The space is adaptable, with the potential to be downsized to 4,000 or 5,000 square feet, offering flexibility for future tenants. This prime location benefits from exceptional visibility and accessibility, with a daily traffic count of 35,000 vehicles on Old Jacksonville Hwy, and proximity to major thoroughfares like Highway 69 (45,000 ADT) and Highway 323 (48,600 ADT). The surrounding area is affluent, with a population of 67,000 within a 5-mile radius and an average household income exceeding $112,000 within a 1-mile radius. The property is zoned for commercial use and offers a net lease investment opportunity. This is a rare chance to acquire a well-equipped, high-traffic restaurant space in a thriving Texas market. The property is offered as a value-add investment, presenting significant potential for increased returns. The building is permitted for commercial use and sits on a one-acre lot in Smith County, Texas, zip code 75703.

Highlights

  • 7,100 SF Mixed-Use Restaurant in Tyler, TX, Swann Plaza Retail Center.
  • Class A, 2016 construction, situated on a 1-acre lot with Commercial zoning.
  • Net lease investment opportunity, value-add potential.
  • High visibility location on Old Jacksonville Hwy (35,000 ADT), near major thoroughfares (Hwy 69 & Hwy 323).
  • Strong demographics: affluent area with average household income exceeding $112,000 within a 1-mile radius and 67,000 population within 5 miles.
  • Fully equipped restaurant space with two 20-foot vent hoods, 60-ton AC, walk-in cooler/freezer, dishwasher, full bar, kitchen, and two conference rooms. Space can be reduced to 4,000 or 5,000 SF.

Property Details for 7428 Old Jacksonville Hwy

Property type
Retail properties, Restaurants
Square Feet
7,100 SF
Class
A
Year Built
2016
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.265355682554
Longitude
-95.342154745481
7428 Old Jacksonville Hwy, Tyler, Texas

FAQs

What type of property is this?
Retail property - 7,100 SF Restaurant; Value-Add Opportunity
Where is the retail property located?
The property is located at 7428 Old Jacksonville Hwy Tyler, TX.
What are key features of this property?
This property features: 7,100 SF Mixed-Use Restaurant in Tyler, TX, Swann Plaza Retail Center.; Class A, 2016 construction, situated on a 1-acre lot with Commercial zoning.; Net lease investment opportunity, value-add potential.
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7428 Old Jacksonville Hwy
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