Log In/Sign Up
Your email has been sent.
401 N Timberland Dr 3,132 SF Retail Building Lufkin, TX 75901 $2,400,000 ($766.28/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
$2,400,000
Price Per SF
$766.28
Cap Rate
7%
NOI
$168,000
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 | $353,260 |
| Land Assessment | $131,070 | Total Assessment | $484,330 |
Property Taxes
Parcel Number
20292
Land Assessment
$131,070
Improvements Assessment
$353,260
Total Assessment
$484,330
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
401 N Timberland Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.