6005 Broadway AveTyler, TX 75703

Property Details for 6005 Broadway Ave

Year built

1983

Lot size

2.02 AC

Property size (Sq ft)

6,855 SF

Property type

Retail space

APN

1-50000-1435-01-031000

APU

150000143501031000

Description

This exceptional retail space, located at 6005 S Broadway Ave in Tyler, Texas, 75703, offers a single-tenant occupancy opportunity within the Regency Center. The suite, identified as Suite 6013, comprises 2,600 square feet of well-maintained space, perfectly suited for office use. The total building size is 11,200 square feet, providing ample room for potential future expansion or shared amenities. The property's convenient location in Tyler, Texas offers excellent visibility and accessibility for businesses seeking a strong presence in the area. With 2,600 square feet currently vacant, this presents a unique chance to establish or relocate your office in a thriving commercial center. The property is classified as both retail and office, offering flexibility for a variety of business types. This single-tenant space provides privacy and control, ideal for businesses seeking a dedicated and secure workspace. Interested parties are encouraged to inquire about lease terms and availability. The property's address is easily accessible and benefits from high traffic volume. This is an excellent opportunity to secure a well-located, functional office space in a desirable Tyler, Texas location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,219,190

  6.5%

  $2,048,483

  7%

  $1,902,163

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,526,610

  Geo Method

  $5,171,842

• Alternative Use

  Use

  Valuation

  Residential

  $1,727,972

  Hospitality

  $1,582,813

  Educational

  $1,316,882

  Medical

  $1,362,172

  Retail

  $2,048,483

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.2844

Longitude

-95.3057

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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