5111 Troup HwyTyler, TX 75707

  • Retail space
  • 15,000 SF
For Lease
$10/SF/YR View listing

Property Details for 5111 Troup Hwy

Year built
1984
Construction
STEEL FRAME
Lot size
1.41 AC
Property size (Sq ft)
15,000 SF
Property type
Retail space
APN
1-50000-1555-04-001000
APU
150000155504001000

Description

Southpoint Plaza, a 15,000 square foot strip center in Smith County, offers exceptional retail and office space for lease. Built in 1984 and situated on a 2.23-acre lot, this well-maintained property boasts 53 parking spaces and is zoned C-1. Currently, three spaces are available, ranging from 1,260 to 1,310 contiguous square feet, with a total of 2,570 square feet of vacant space. The minimum divisible space is 1,260 square feet. One available space features approximately 1,225 square feet of open retail area, complemented by a separate office and workroom. Another offers 1,310 square feet, including a reception area and six private offices. The property benefits from high visibility, with pylon signage on Troup Highway (Highway 110), near the intersection with Shiloh Road. This location enjoys significant traffic, with approximately 26,254 vehicles per day (VPD) according to 2021 TXDOT data. Established tenants include Rose Dental Care, Domino's, Divine Nail & Spa, and AAA Vacuum, creating a strong and diverse tenant mix. Lease rates are $10.00-$12.00 per square foot, NNN. This presents a unique opportunity for businesses seeking a prominent location in a thriving commercial area.

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.2941
Longitude
-95.2611
CBSA code
46340
CBSA name
TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,884
$183,605
$531,343
$714,948
-
$183,605
$531,343
$714,948

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