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209 S Southwest Loop 323
Tyler, TX 75702

$2,200,000 USD

Freestanding For Sale  •  4,464 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,464 SF
  • Lot Size 1.91 AC
  • Building Class C
  • Year Built 2013
  • Cap Rate 6.70 %
  • Tenancy Single
0 Transit Score
45 Walk Score

Highlights

Single-Tenant IHOP – Outparcel to Walmart Supercenter
Absolute NNN Lease; Zero Landlord Responsibilities
7 Years Remaining with Six 5-Year Options
1% Annual Rent Increases
ACG Texas Is the Largest IHOP Franchisee in the U.S. with 62 Units
Excellent Accessibility and Visibility; High-Traffic Location Along Loop 323
Cap Rate: 6.70 %

Major Tenants

Tenant SF Occupied Lease End Date
IHOP

Public Transportation

AirportDriveWalkDistance
Tyler Pounds Regional 12 min - 5.6 mi
Garrett Wood 512-712-3657 Hanley Investment Group
Garrett Wood 512-712-3657 Hanley Investment Group