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$ 6,500,000
Est. payment | /mo
108,000 SqFt
$ 6,500,000
Est. payment | /mo
108,000 SqFt
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 108,000 sqft
Price per Sqft $60
Subdivision Tx
MLS Listing ID 25013090
Lot Size 11.702 Acres
Acres 11.702
Lot Dimensions 11.702 ac
Property Sub-Type Building
Property Description
We are pleased to present an exceptional investment opportunity in Tyler, Texas—an 18-building industrial park totaling approximately 108,000 square feet, completed in 2023. Designed to serve a variety of industries including manufacturing, logistics, technology, and research, the property offers both stability and significant value-add potential through lease-up of vacant suites and rental rate growth. The park features modern infrastructure, excellent accessibility, and a layout that supports efficient operations. Located in a pro-business, economically vibrant region, this asset positions investors to benefit from Tyler's continued industrial and commercial growth. With strong cash flow, future upside, and the added advantage of Texas's income tax-free environment, this property represents a prime long-term investment opportunity. • 18-Building Industrial Park. • Predictable Value-Add Opportunity via Lease up. • State-of-the-art facilities designed to accommodate a diverse range of industries. • 8 x 10 Dock High Doors. • 12 x 14 Grade Level Doors. • Averse to Supply Headwinds 4% market average vacancy. • New High Quality Construction 2018-2023. • Sticky Tenant Base with a Strong Historical Occupancy. • Excellent visibility and exposure on heavily traversed corridor – Spur 364.
Location
State TX
County Smith
Area Smith
Zoning Other/See Remarks
Interior
Heating Central Electric
Cooling Central Electric, Individual Controlled
Exterior
View Y/N No
Building
Sewer Public Sewer
Others
Miscellaneous Security Lighting,Inside Storage
Listed by Mitchell NeJame • Drake Real Estate & Investments
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