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401 N Timberland Dr 3,132 SF Retail Building Lufkin, TX 75901 $3,295,152 CAD ($1,052.09 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
$3,295,152 CAD
Price Per SF
$1,052.09 CAD
Cap Rate
7%
NOI
$230,661 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
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20292 | Improvements Assessment | $485,280 CAD |
| Land Assessment | $180,053 CAD | Total Assessment | $665,334 CAD |
Property Taxes
Parcel Number
20292
Land Assessment
$180,053 CAD
Improvements Assessment
$485,280 CAD
Total Assessment
$665,334 CAD
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401 N Timberland Dr
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