2019 Old Troup Highway
Tyler, TX 75701Sale Type
Call For Offers
List Price
$3,850,000
- Property Type
- Office
- Year Built
- 2024
- Square Feet
- 8,229
Sale Type
Call For Offers
List Price
$3,850,000
- Property Type
- Office
- Year Built
- 2024
- Square Feet
- 8,229
Overview
Facts
This property is a newly constructed, single-tenant medical office located in Tyler, Texas. Built in January 2023, it spans 4,979 SF and is classified as a Class B, 3-Star Office with masonry construction. The asset is fully leased to a medical tenant under a long-term NNN lease, offering stable cash flow and minimal landlord responsibilities.
Positioned in a suburban medical corridor, the site benefits from strong visibility, proximity to major healthcare institutions, and robust traffic counts exceeding 40,000 vehicles/day within a 0.3-mile radius. The surrounding demographics show steady population growth and above-average household incomes, supporting long-term demand for healthcare services.
The property received a Bracket Rating of 4.8/5, with perfect scores in location, condition, aesthetic appeal, lease risk, and investor analysis.
- Demographics: Aging population + regional draw = sustained healthcare demand.
- Market Stability: Healthcare is the largest and most resilient sector in Tyler.
- Location Strategy: Proximity to UT Health and CHRISTUS campuses is critical for tenant demand.
- Growth Opportunity: Outpatient and specialty care facilities are expanding faster than inpatient services.
- Asset Type
- Medical Office · Office
- Year Built
- 2024
- Building Class
- B
- Building Size
- 8,229 SF
- Lot Size
- .22 AC
- Zoning
- C-1
- Parcel
- 15000-0097-60-0010020