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1805 S 1st St
Lufkin, TX 75901
Sonic · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE WITH 10% RENTAL INCREASES EVERY 5 YEARS
- 13,000 STUDENTS WITHIN A 5 MILE RADIUS | PRIME RETAIL CORRIDOR LOCATION
- ECONOMIC & EMPLOYMENT HUB
- STRONG TENANT GUARANTY
- TOURISM - 6.3 MILLION VISITORS IN 2023
- REGIONAL TRAFFIC HUB | PRICED BELOW REPLACEMENT COST
EXECUTIVE SUMMARY
The Northmarq National Restaurant Group is pleased to offer this single-tenant Sonic located at 1805 S. 1st Street in Lufkin, Texas. The property is secured by an absolute NNN lease with 14.52 years remaining, four five-year renewal options, and 10 percent rent increases every five years. The tenant, Soar Restaurants II, LLC, is a Top 3 Sonic franchisee operating six different concepts, providing one of the brand’s strongest guaranties nationwide.
Positioned along Lufkin’s dominant retail corridor, the site benefits from 33,000+ vehicles per day and proximity to Walmart, Sam’s Club, Home Depot, H-E-B, Chick-fil-A, Starbucks, and Lufkin Mall. The surrounding trade area includes 13,000 students within five miles, major employers such as CHI St. Luke’s Health Memorial (2,000+ employees), Pilgrim’s Pride (1,200 employees), and Georgia-Pacific (1,000 employees), and strong tourism with 6.3 million visitors in 2023.
With its long-term absolute NNN lease, strong franchisee guaranty, and prime Texas location, this offering provides investors with a compelling blend of stability and long-term value.
Positioned along Lufkin’s dominant retail corridor, the site benefits from 33,000+ vehicles per day and proximity to Walmart, Sam’s Club, Home Depot, H-E-B, Chick-fil-A, Starbucks, and Lufkin Mall. The surrounding trade area includes 13,000 students within five miles, major employers such as CHI St. Luke’s Health Memorial (2,000+ employees), Pilgrim’s Pride (1,200 employees), and Georgia-Pacific (1,000 employees), and strong tourism with 6.3 million visitors in 2023.
With its long-term absolute NNN lease, strong franchisee guaranty, and prime Texas location, this offering provides investors with a compelling blend of stability and long-term value.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,340 SF
Year Built
1995
Price
$2,330,762 CAD
Price Per SF
$1,739.37 CAD
Cap Rate
6.25%
NOI
$145,673 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.50 AC
Zoning
C
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