Investment Overview

The subject property is a freestanding Mi Mexico Lindo restaurant located in the city of Tyler, Texas. Originally constructed in 1979 as a Mazzio’s Pizza Restaurant, Mi Mexico Lindo subleased this property from Mazzio’s back in January 2017 and January 2026 executed the second 5 year lease option with just one 5 year option term remaining. If this final lease option is exercised by the tenant, then a 10% fixed rent increase shall be implemented. Mi Mexico Lindo is a family operated restaurant with a loyal clientele. This location on West Front Street caters to the local business community and surrounding residential neighborhood situated just .75 miles from downtown Tyler. National retailers located on West Front Street are Wendy’s, O’Reilly Auto Parts and Little Caeser’s Pizza just to name a few. Approximately 350 yards from the subject property is Caldwell Art Academy, which is a charter school for students in grades k-8 with a reported student enrollment of 420. The city of Tyler, Texas is the county seat of Smith County and has a reported city population of 106,000. There is a reported 61,809 residents within a 3-mile radius of the subject property and an Average Household Income of $70,946 within this same 3-mile radius. Tyler is famously known as the "Rose Capital of America" due to its large rose industry. The subject property offers an unique opportunity for an investor seeking, to acquire a single tenant investment property priced below $1.0 million dollars situated in a large metropolitan city.