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402 S John Redditt Dr 22,959 SF 100% Leased Office Building Lufkin, TX 75904 $5,900,000 ($256.98/SF)



INVESTMENT HIGHLIGHTS
- Heavy traffic with highway frontage
- Easy access!
- Prime location.`
EXECUTIVE SUMMARY
The first floor has a vestibule entrance with a stairwell and elevator, reception/waiting room, business reception, conference/break room, administration area, nurses station, 7 exam rooms, a large therapy/gym room, pediatric therapy room, whirlpool room, speech therapy room, 2 private offices, an indoor pool with men's and women's locker rooms. The second floor has a waiting area with a reception window. The first suite previously used for home health has a workroom, data room, marketing area, break room and 3 private offices. The second suite previously used as a sleep lab includes a waiting room, reception area, file room, small conference room, break room, 4 exam rooms, workstation, private office and 2 sleep labs. The indoor pool is 2,740 sq ft with a ramp entry and therapy area. The pool includes lap lanes, wheelchair accessibility and is heated for year-round swimming and therapy. Parking for 77 vehicles. 212 feet of frontage on South John Redditt.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
22,959 SF
Building Class
C
Year Built
2009
Price
$5,900,000
Price Per SF
$256.98
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,480 SF
Building FAR
0.34
Lot Size
1.55 AC
Zoning
C - Commercial
Parking
20 Spaces (0.87 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 11986 | Improvements Assessment | $2,623,000 |
| Land Assessment | $337,590 | Total Assessment | $2,960,590 |
PROPERTY TAXES
Parcel Number
11986
Land Assessment
$337,590
Improvements Assessment
$2,623,000
Total Assessment
$2,960,590
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402 S John Redditt Dr
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