INVESTMENT OPPORTUNITY | 13,490 SF | Medical Office & ASC
1306 W Frank Ave Lufkin, TX 75904
Marketing description
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.
Investment highlights
AMBULATORY SURGERY CENTER
This licensed facility is equipped with two state- of-the-art operating rooms, allowing surgeons to deliver efficient, high-quality care to patients while maximizing operational effectiveness.
CORE LOCATION
Strategically situated within a well-established medical hub, the property benefits from close proximity to residential neighborhoods, ensuring convenience for both physicians and patients.
TURNKEY FACILITY
Offering a fully licensed surgery center, clinic space, and optical shop, this property is an ideal solution for physician groups seeking a seamless transition and immediate operational capabilities.
AMPLE PARKING
The property features convenient on-site parking at 1306 W Frank Ave, complemented by an additional lot located just across the street, ensuring ample space for staff and visitors.
PROXIMITY TO HOSPITAL
Positioned across the street from St. Luke’s Hospital, this location offers unparalleled convenience, fostering collaboration between facilities and ease of access for patients and providers alike.
HEALTHCARE HUB
Lufkin is the medical hub of a 12-county region and possesses two major, award-winning hospitals: CHI St. Luke’s Health Memorial Lufkin and Woodland Heights Medical Center.
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