$3,198,000
tag Active

7212 Old Jacksonville Highway, Tyler, Texas 75703

MLS#: 20211544 8 Days
  • 0 Bed
  • 0 Bath
  • 63,685 sq.ft
  • 1.46 Acre
  • $50.22 / sq.ft
  • 2013
Shana Acquisto
  • Subdivision Name: PLAZA @ OAK HOLLOW
  • Foundation Details: Slab

Triple net investment opportunity in East Texas with Tex-Mex restaurant concept. Tenant has a long term lease and is in proximity to high average household income fronting Tyler's newest retail corridor in South Tyler, Old Jacksonville Hwy. Location has remained one of the top two restaurant locations for alcohol sales in Smith County within the last 11 months [December 2021 - October 2022] (Source: Texas Comptroller). 100% leased. Excellent visibility. Ingress & egress on Old Jacksonville Hwy. Zoned C-1; Light Commercial. Ample parking. Sprinkled. Easy access to Toll 49, Loop 323, and S. Broadway (Hwy 69). Traffic Counts: ~27,079 VPD at Oak Hill Blvd and Old Jacksonville Hwy (Source: TxDOT 2021).

  • Address:
    7212 Old Jacksonville Highway, Tyler, Texas 75703
  • Directions:
    From the intersection of W Grande Blvd and Old Jacksonville Hwy., head South on Old Jacksonville Hwy. In approx. 0.98 miles, the property will be located on the left.

Real Estate Professionals

Contact Shana Acquisto
Contact Mike Acquisto

Presented by:

Agent Name: Matthew Marshall Brokerage: Drake Real Estate & Investment Listing ID: 15504426

Source of Data:

Acquisto Last Checked:

8 Days ago | 23rd November 2022

  • Subdivision Name:
    PLAZA @ OAK HOLLOW
  • Heating:
    Central
  • Cooling Type:
    Electric
  • Utilities:
    • City Sewer
    • City Water
    • Electricity Connected
  • Security Features:
    Fire Sprinkler System
  • Flooring:
    • Carpet
    • Tile
  • Construction Materials:
    • Brick
    • Concrete
    • Rock/Stone
  • Roof:
    • Flat
    • Other
  • Foundation Details:
    Slab
$12963 per month
  • purchase price
  • Down payment
  • Interest Rate
  • Loan Terms (Years)
$639,600 20% Downpayment
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  • Parcel Number:
    R190615
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  • Listing Modified Last:
    2022-11-22T17:10:13.367
  • Price Change Timestamp:
    2022-11-22T10:32:29.347
  • Day On Market:
    2022-11-22T10:37:05.537
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