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401 N Timberland Dr 3,132 SF Retail Building Lufkin, TX 75901 $3,320,112 CAD ($1,060.06 CAD/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- Hard corner with excellent visibility
- Combined traffic count of over 21,828 vehicles per day
- Zero landlord responsibilities making it an ideal, no-management investment opportunity for a passive investor
- Dual access from main thoroughfare N TImberland (Hwy 69) & E Groesbeck Ave
- Close proximity to Downtown Lufkin
EXECUTIVE SUMMARY
3,132 SF C-Store on ±0.89 Acres in Lufkin
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,132 SF
Year Built/Renovated
1981/2021
Price
$3,320,112 CAD
Price Per SF
$1,060.06 CAD
Cap Rate
7%
NOI
$232,408 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
Commercial
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20292 | Improvements Assessment | $488,046 CAD |
| Land Assessment | $181,080 CAD | Total Assessment | $669,126 CAD |
PROPERTY TAXES
Parcel Number
20292
Land Assessment
$181,080 CAD
Improvements Assessment
$488,046 CAD
Total Assessment
$669,126 CAD
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401 N Timberland Dr
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