$3,100,000
Active
46 Days Online
0 Beds0 Baths15,327 SQFT
Active

713 W Southwest Loop 323 Tyler, TX 75701

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The River Oaks Shopping Center is situated on approximately 1.42 acres of land and is currently occupied by a diverse tenant mix. This shopping center is positioned on a prime location on Loop 323 with the center surrounded by national retailers. With almost 36K vehicles per day and 280 ft of road frontage, the center is positioned for long term tenancy due to exposure and surrounding users. The center had extensive updates and improvements completed in 2021, including state-of-the-art HVAC units, upgraded plumbing lines above and below the slab, and a new roof in 2024. The overall enhancements to the center create an inviting atmosphere that will undoubtedly attract customers and drive business. Featuring a convenient drive-through on the East side, with an easement connecting Loop 323 to Shelly Drive. At 71% occupancy, there's still room for increased occupancy, allowing you to maximize your returns. Plus, all leases are on a NNN basis, meaning tenants take care of owner expenses.

  • Property TypeCommercial
  • NeighborhoodCity of Tyler
  • CountySmith
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site46 Days
  • MLS StatusActive
  • MLS ID Number20534343
  • Home Size Source Owner
  • Year Built1976
  • Lot Size1.421 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Other
  • Parking No GarageOn SiteParking LotPavedUnassigned
  • Number of Stories 1
  • Acreage 1.421
  • Zoning Commercial
  • Security Fire AlarmSmoke Detector(s)
  • Property Sub Type Retail
  • Utilities Electricity Connected
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling Electric
  • Heating Natural Gas
  • Flooring Other

Exterior Features

  • Roof Flat
  • Waterfront Property No
  • Road Frontage Highway

Community Features

  • Security Features Fire AlarmSmoke Detector(s)

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Monthly Payment (Est.)

$15,061
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