For Lease
$50/SF/YR

2119 LoopTyler, TX 75703

Prime Tyler location, 3,055 sq ft, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3,055-square-foot Class A medical office building presents a unique investment opportunity in Tyler, Texas. Situated at the highly visible intersection of Loop 323 and Troup Highway, this single-tenant property boasts unmatched visibility with 70,000 cars passing daily. Built in 2000 and extensively renovated in 2014, the building features a new single-membrane roof, updated HVAC, plumbing, and electrical systems. The 0.42-acre lot includes 18 parking spaces. The property's strategic location benefits from proximity to major retailers including Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald's, Walgreens, Chick-fil-A, Starbucks, and the Broadway Square Mall, the only regional mall in East Texas. Furthermore, its adjacency to the University of Texas at Tyler, with its over 9,000 students and a newly announced medical program, ensures a strong and growing potential customer base. Smith County's impressive 2.22% annual population growth further underscores the long-term viability of this investment. The property is currently configured as a medical office but offers potential for conversion to fast food, given its high visibility and traffic count. Property taxes are $2.99 per square foot. The building is one story and has no elevators.

Highlights

  • 3,055 SF Class A medical office building for lease, immediately available.
  • High-visibility corner location at Loop 323 and Troup Highway, with 70,000 cars passing daily.
  • Exceptional visibility and location in Tyler, TX, surrounded by national retailers.
  • Strong demographics, including 2.2% annual population growth in Smith County.

Property Details for 2119 Loop

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
3,055 SF
Class
A
Year Built/Renovated
2000/2014
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
3,055 SF
Rate per SF
$50

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.310408864682
Longitude
-95.274914685834
2119 Loop, Tyler, Texas

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2119 Loop
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