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1306 W Frank Ave 13,490 SF Office Building Lufkin, TX 75904 $1,995,000 ($147.89/SF)



INVESTMENT HIGHLIGHTS
- AMBULATORY SURGERY CENTER
- TURNKEY FACILITY
- PROXIMITY TO HOSPITAL
- CORE LOCATION
- AMPLE PARKING
- HEALTHCARE HUB
EXECUTIVE SUMMARY
Jennifer Stein Real Estate, Inc in association with out of state cooperating broker ERE Healthcare Real Estate Advisors (“ERE Advisors”) has been retained as the exclusive advisor in the sale or lease of the 13,490 SF Medical Office located at 1306 W Frank Avenue, Lufkin, Texas 75904.
Located in the beautiful Texas Forest Country, Lufkin, the largest city in Angelina County, is located approximately 90 miles northeast of Houston. Surprisingly convenient to Dallas, Waco, and San Antonio, Lufkin residents enjoy superior bass fishing, top-notch golfing, state-of-the-art museums, an outstanding zoo, quality hotels and restaurants, an incredibly charming downtown, and the friendliest people on earth.
The subject property is located just east of downtown along West Frank Avenue, across from St Luke’s Health – Memorial Hospital, which is home to East Texas’ largest emergency department, equipped with 32 private patient rooms, a dedicated imaging and laboratory department, and a highly qualified staff of emergency physicians, nurse practitioners, and registered trauma nurses.
The facility, currently operating as East Texas Eye Associates, features 9,744 SF of clinical space, including seven exam rooms, multiple diagnostic imaging and procedure rooms, physician offices and an optical shop. The property is enhanced by an ambulatory surgical center (ASC), consisting of an additional 3,746 SF, which features two state-of-the-art operating rooms. The ASC is Joint Commission accredited and was most recently surveyed in December 2022.
Located in the beautiful Texas Forest Country, Lufkin, the largest city in Angelina County, is located approximately 90 miles northeast of Houston. Surprisingly convenient to Dallas, Waco, and San Antonio, Lufkin residents enjoy superior bass fishing, top-notch golfing, state-of-the-art museums, an outstanding zoo, quality hotels and restaurants, an incredibly charming downtown, and the friendliest people on earth.
The subject property is located just east of downtown along West Frank Avenue, across from St Luke’s Health – Memorial Hospital, which is home to East Texas’ largest emergency department, equipped with 32 private patient rooms, a dedicated imaging and laboratory department, and a highly qualified staff of emergency physicians, nurse practitioners, and registered trauma nurses.
The facility, currently operating as East Texas Eye Associates, features 9,744 SF of clinical space, including seven exam rooms, multiple diagnostic imaging and procedure rooms, physician offices and an optical shop. The property is enhanced by an ambulatory surgical center (ASC), consisting of an additional 3,746 SF, which features two state-of-the-art operating rooms. The ASC is Joint Commission accredited and was most recently surveyed in December 2022.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,490 SF
Building Class
B
Year Built
1959
Price
$1,995,000
Price Per SF
$147.89
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,490 SF
Building FAR
0.22
Lot Size
1.43 AC
Zoning
LB
Parking
20 Spaces (3.26 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $627,460 | |
| Land Assessment | $84,880 | Total Assessment | $712,340 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$84,880
Improvements Assessment
$627,460
Total Assessment
$712,340
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1306 W Frank Ave
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