2002 Sybil Lane |
|
| Price: | $659,000 |
| Property Type: | commercial_industrial |
| MLS #: | 25007818 |
| This newly remodeled office building (renovated in 2021-22) presents an immediate income-producing investment opportunity in the heart of South Tyler. The property totals ±4,350 square feet and is configured into three individual suites, each with private entrances. The building is currently 100% occupied by two quality tenants, A locally owned and operated salon, and Kindful Health, a Texas-based, privately held hospice care provider. Tenants also enjoy access to a private, fenced patio located at the rear of the building—an ideal space for outdoor lunches, breaks, or small company gatherings. All utilities are paid by the landlord; tenants are responsible only for Wi-Fi and phone services Investment Highlights: Offered at a 7.5% capitalization rate Strong tenant history with multi-year lease terms remaining Renovated in 2021 with modern interior finishes and efficient systems Private fenced patio for tenant use Low-maintenance asset with a convenient location Location: Situated in a high-demand South Tyler submarket, just minutes from Loop 323 and Paluxy Drive, this property offers excellent access, close proximity to residential neighborhoods, and consistent demand for well-located professional office space. | |
| Area: | Smith |
| Year Built: | 1983 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 0.35 |
Courtesy: Ihrig, Cole • P&I Real Estate Management • 903-533-1255 
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This content last refreshed on 06/16/2025 03:15 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
