Lufkin Plaza 4206 S Medford Dr 5,943 SF 100% Leased Retail Building Lufkin, TX 75901 $2,130,447 CAD ($358.48 CAD/SF) 7.52% Cap Rate

Colonial Commercial Real Estate, LLC is pleased to present on an exclusive basis, the opportunity to acquire Lufkin Plaza (the “Property”), a 5,943 square foot shopping center located in Lufkin, Texas. Built in 2001 on 0.67 acres, the Property is 100% occupied by a stable mix of four tenants: GameStop, OneMain Financial, Royale Nail Spa, and Smoke N’ More. The tenancy is comprised of 53% national credit tenants with an impressive average lease tenure of 13.75 years, underscoring the center’s long-term stability.
The Property generates a Year 1 NOI of $116,245.92, reflecting a 7.52% capitalization rate, with additional upside to an 8.06% pro forma cap rate. Approximately 75% of tenants are paying rents that average 27.67% below market, offering immediate embedded rent growth potential. Additionally, no tenants hold fixed renewal options, giving investors flexibility to capture future market-driven rental increases.
Strategically positioned along South Medford Drive (42,184 VPD), Lufkin’s dominant commercial corridor, the Property is shadow anchored by Target (NYSE: TGT) and Office Depot, sits adjacent to Lufkin Mall, and lies directly across from Home Depot. This highly visible location benefits from consistent consumer traffic, excellent neighborhood connectivity via Tulane Drive (7,850 VPD), and proximity to the city’s strongest retail trade drivers.