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26711128
26711129

508 S Timberland Dr, Lufkin, TX 75901 For Sale

JG
TX 744008
Ursa Real Estate, LLC
URSA Real Estate
Listed by Ursa Real Estate, LLC, URSA Real Estate
$450,000
324 days on market
Updated 93 days ago
Opportunity zone

High Traffic Property in Lufkin Texas

Details
Property Type Office, Retail
Sub Type Shopping Center, Traditional Office
Square Footage 2,006
Net Rentable (SqFt) 2,006
Units 2
Cap Rate 9.78%
NOI $43,992
Occupancy 100%
Tenancy Multi
Lease Type Net
Lease Term 2
Lease Expiration 01/31/2027
Remaining Term 1
Price per SqFt $224
Broker Co-Op Yes
Class C
Year Built 1957
Buildings 1
Stories 1
Acreage 0.161
Zoning Commercial
Parking Spaces 10 spaces
Parking per 1,000 SqFt 4.99
Investment Type Stabilized
Tenant Credit Credit Rated, No Credit Rating
Lease Commencement 02/01/2025
Ground Lease No
Ownership 100%
Sale Condition For sale by owner

Office | 9.78% CAP | 2,006 SqFt

Marketing description

This excellent 0.16 acre commercial building is ideally located on Timberland Drive, one of the main thoroughfares through Lufkin, Texas. This section of Timberland Dr./I-69 sees over 22,000 vehicles per day, the highest traffic counts in the city. The surrounding area features many National tenants with Dunkin’, Take 5, Ollies, Burger King, and KFC all in the immediate vicinity.

The building itself is comprised of two suites, the larger being 1,472 sq/ft and the other 534 sq/ft. The property features a strong lease history and has secured leases through 2027. Lufkin is a crucial hub in East Texas and will continue to serve as the a center for retail and commerce for all of the surrounding area.

Investment highlights

  • Commercial Building For Sale – Prime Investment

  • 0.16 Acres on Timberland Dr./I-69, Lufkin’s busiest corridor.

  • +/- 22,000 Total Vehicles Daily

  • Leases Secured Through 2027 – stable income

  • Strong Lease History.

  • Surrounded by National Tenants – Dunkin’, Burger King, KFC & more

Listing Contacts

JG
TX 744008
Ursa Real Estate, LLC
URSA Real Estate
Listed by Ursa Real Estate, LLC, URSA Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$43,992.00
$3,666.00/mo

Valuation Metrics

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DSCR
9.78%
Cap Rate
9.78%
ROI

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Additional Information

Name
Jacob Galvan
License
744008
Brokerage
Ursa Real Estate
Brokerage Phone
956-363-1179
Title
Senior Associate
Brokerage Address
4925 South Jackson Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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