- For Sale $1,933,000
- 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
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
24/100 Car-Dependent
-
Bike Score ®
32/100 Somewhat Bikeable
- City Tyler, TX
- Zip Code 75708
- Market Dallas Fort Worth
Points of Interest
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Shell
0.34 miles
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Walmart
0.76 miles
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Chevron
1.04 miles
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Sunoco
1.67 miles
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Exxon
1.71 miles
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Valero
1.84 miles
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CEFCO
2.44 miles
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Tesla Supercharger
9.58 miles
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Employee Parking
1.56 miles
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TMF Patient and Employee Parking
1.60 miles
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Student and Employee Parking
1.67 miles
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CHRISTUS Tyler Parking Garage
1.69 miles
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CHRISTUS Mother Frances Visitors Parking
1.72 miles
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East Garage
1.80 miles
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UT Health Tyler Handicap Parking
1.88 miles
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UT Health Tyler Guest & Employee Parking
1.97 miles
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Olympic Plaza Garage
2.00 miles
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Tyler Travel Center Truck Parking
2.63 miles
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Church's Chicken
0.32 miles
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DQ Grill & Chill
0.71 miles
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Royal Donuts
0.99 miles
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Don Juan's Mexican Restaurant
1.10 miles
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Marisco's Dj's
1.21 miles
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Taco Bueno
1.59 miles
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Taco Bell
1.67 miles
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Posado's
1.68 miles
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Mazzio's
1.72 miles
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Burger King
1.73 miles
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ALDI
0.56 miles
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Walmart Supercenter
0.77 miles
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Super One Foods
1.38 miles
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Brookshire's
1.64 miles
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Big Lots
2.20 miles
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Stage
3.16 miles
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Walmart Neighborhood Market
3.20 miles
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Super 1 Foods
3.35 miles
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Sprouts Farmers Market
4.01 miles
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French Quarter Shopping Center
4.27 miles
Frequently Asked Questions
The space currently listed for sale at 505 South Southeast Loop 323 asks for $1,933,000.
505 South Southeast Loop 323 totals 1,500 square feet.
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