505 South Southeast Loop 323

For Sale

505 South Southeast Loop 323, Tyler, TX 75708

This Tyler property for sale is located at 505 South Southeast Loop 323. The current listed sale price for 505 South Southeast Loop 323 is $1,933,000. 505 South Southeast Loop 323 is situated on a lot that is 0.7 acre in size.

Contacts

broker
Sabrina Sapienza

SRS Real Estate Partners

broker
Kyle Fant

SRS Real Estate Partners

broker
Britt Raymond

SRS Real Estate Partners

Property Details

  • Property Type Retail
  • Property Size 1,500 SF
  • Lot Size 0.7 Acre
  • Cap Rate % 5.25
  • Date Updated Aug 28, 2025
  • Brand new 20-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
  • The franchisee signed lease features 2% annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation
  • Brand new construction with high-quality materials and a innovative design
  • Take 5 Oil Change® expands total footprint to over 800 locations across the U.S. and Canada, with over 950 additional locations in pipeline, providing a multi-year runway for growth
  • Take 5 is located near the signalized, hard corner intersection of State Hwy 31 and S. SE Loop 323 which averages a combined 47,500 VPD
  • The subject property is directly across from a Walmart Supercenter anchored center, increasing consumer traffic in the trade area
  • The site is ideally located in a dense retail corridor with numerous nearby national/credit tenants including Aldi, Taco Bell, 7-Eleven, Dollar Tree, Starbucks, Raising Cane’s and many more
  • The asset benefits from close proximity to Tyler Junior College (12,000+ students) and UT Health Tyler (337 beds), further increasing consumer traffic in the immediate area
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Getting around

  • 24/100

    Walk Score ®

  • 32/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tyler, TX
  • Zip Code 75708
  • Market Dallas Fort Worth

Points of Interest

  • Shell

    0.34 miles

  • Walmart

    0.76 miles

  • Chevron

    1.04 miles

  • Sunoco

    1.67 miles

  • Exxon

    1.71 miles

  • Valero

    1.84 miles

  • CEFCO

    2.44 miles

  • Tesla Supercharger

    9.58 miles

  • Employee Parking

    1.56 miles

  • TMF Patient and Employee Parking

    1.60 miles

  • Student and Employee Parking

    1.67 miles

  • CHRISTUS Tyler Parking Garage

    1.69 miles

  • CHRISTUS Mother Frances Visitors Parking

    1.72 miles

  • East Garage

    1.80 miles

  • UT Health Tyler Handicap Parking

    1.88 miles

  • UT Health Tyler Guest & Employee Parking

    1.97 miles

  • Olympic Plaza Garage

    2.00 miles

  • Tyler Travel Center Truck Parking

    2.63 miles

  • Church's Chicken

    0.32 miles

  • DQ Grill & Chill

    0.71 miles

  • Royal Donuts

    0.99 miles

  • Don Juan's Mexican Restaurant

    1.10 miles

  • Marisco's Dj's

    1.21 miles

  • Taco Bueno

    1.59 miles

  • Taco Bell

    1.67 miles

  • Posado's

    1.68 miles

  • Mazzio's

    1.72 miles

  • Burger King

    1.73 miles

  • ALDI

    0.56 miles

  • Walmart Supercenter

    0.77 miles

  • Super One Foods

    1.38 miles

  • Brookshire's

    1.64 miles

  • Big Lots

    2.20 miles

  • Stage

    3.16 miles

  • Walmart Neighborhood Market

    3.20 miles

  • Super 1 Foods

    3.35 miles

  • Sprouts Farmers Market

    4.01 miles

  • French Quarter Shopping Center

    4.27 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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