For Sale
$3,500,000
1424 Front St Tyler, TX 75702
High-yield medical office, 16,542 SF, 8.5% cap rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 16,542 SF medical office building on a 3.74-acre lot.
- 100% leased to a well-established medical corporate tenant with a corporate guarantee.
- Significant frontage/access along three sides, including ~520 feet on high-traffic East Front Street (~117,000 VPD, 2018 data).
- On-site storage available.
- Less than 0.5 miles from the medical district and Tyler Junior College.
- Built in 1983.
Property Details for 1424 Front St
- Property type
- Office properties, Medical offices
- Square Feet
- 16,542 SF
- Class
- C
- Year Built
- 1983
- Buildings
- 4
- Stories
- 1
- Lot Size (sq. ft)
- 162,914 SF
Location Insight
- City
- Tyler
- County
- Smith
- State
- Texas
- Latitude
- 32.3468978
- Longitude
- -95.2830563
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield medical office, 16,542 SF, 8.5% cap rate
- Where is the office property located?
- The property is located at 1424 Front St Tyler, TX.
- What is the asking price?
- The asking price for this property is $3,500,000.
- What are key features of this property?
- This property features: 16,542 SF medical office building on a 3.74-acre lot.; 100% leased to a well-established medical corporate tenant with a corporate guarantee.; Significant frontage/access along three sides, including ~520 feet on high-traffic East Front Street (~117,000 VPD, 2018 data).
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