WAL-MART OUTPARCEL RETAIL SPACE...WAL-MART OUTPARCEL RETAIL SPACE Presented By: Matthew Marshall,...

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WAL-MART OUTPARCEL RETAIL SPACE Presented By: Matthew Marshall, CCIM & Casey Hymer www.DrakeTexas.com 6721 S. Broadway Ave., Tyler, TX 75703

Transcript of WAL-MART OUTPARCEL RETAIL SPACE...WAL-MART OUTPARCEL RETAIL SPACE Presented By: Matthew Marshall,...

Page 1: WAL-MART OUTPARCEL RETAIL SPACE...WAL-MART OUTPARCEL RETAIL SPACE Presented By: Matthew Marshall, CCIM & Casey Hymer 6721 S. Broadway Ave., Tyler, TX 75703 RETAIL SPACE FOR LEASE Lease

WAL-MART OUTPARCEL RETAIL SPACE

Presented By: Matthew Marshall, CCIM & Casey Hymer

www.DrakeTexas.com

6721 S. Broadway Ave., Tyler, TX 75703

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RETAIL TRADE AREA

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RETAIL SPACE FOR LEASE

Lease Rate: $29.50 sf/yr + NNN

Available SF: 3,120

Year Built: 2014

GLA: 4,401 sf +/-

Lot Size: +/- 0.661 Acres

BUILDING & PRICING SUMMARY:

Description of the Property and Trade Area:

Former Mattress HQ location containing 3,120 SF of

retail space. Additional 3,000 SF of warehouse space

included at no additional base rent or NNN charges.

Outparcel to Walmart Supercenter and adjacent to

Target. Prominent signage available on 35’ pylon sign.

Triple Net Lease: Tenant assumes responsibility for pro

rata share of Common Area Maintenance, Taxes and

Insurance.

Strong retail shopping district with frontage on

Broadway Ave. High visibility and traffic counts in

excess of 45,000 VPD. Located in Tyler’s most dynamic

growth corridor. Area retailers include Kohl’s,

Cinemark, Cheddar’s, Excel ER, Potbelly and Pie Five.

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PROPERTY PHOTOS

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PROPERTY PHOTOS

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SITE PLAN

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AERIAL

Old Grande

Blvd.

Old

Bu

llard

Road

Rieck

Road

Grande Blvd.

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AERIAL

French

Quarter

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CONFIDENTIALITY AND DISCLAIMER

The information contained in the preceding Marketing Brochure is proprietary and strictly confidential. It is intended to bereviewed only by the party receiving it from Drake Real Estate & Investments and should not be made available to any otherperson or entity without the written consent of Drake Real Estate & Investments. This Marketing Brochure has been preparedto provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in thesubject property. The information contained herein is not a substitute for a thorough due diligence investigation. Drake RealEstate & Investments has not made any investigation, and makes no warranty or representation, with respect to the income orexpenses for the subject property, the future projected financial performance of the property, the size and square footage ofthe property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance withState and Federal regulations, the physical condition of the improvements thereon, or the financial condition or businessprospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The informationcontained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Drake Real Estate &Investments has not verified, and will not verify, any of the information contained herein, nor has Drake Real Estate &Investments conducted any investigation regarding these matters and makes no warranty or representation whatsoeverregarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures toverify all of the information set forth herein.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR DRAKE REAL ESTATE & INVESTMENTS AGENT FOR MORE DETAILS.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Drake Real Estate & Investments is a division of Drake Capital, LLC. 2012 ( V 4.2016)

1537 E. Grande Blvd., Suite 400Tyler, TX 75703903-581-3737

www.DrakeTexas.com