Listed by Jordan Group Real Estate
$599,000
214 S TIMBERLAND DR LUFKIN TX 75901-0462
Details
APN 74672
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 2,633
Net Rentable (SqFt) 2,633
Units 1
Cap Rate 7.01%
NOI $42,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 4.9
Lease Expiration 08/01/2030
Remaining Term 4
Rent Bumps Yes
Price per SqFt $228
Class B
Year Built 1984
Year Renovated 2025
Acreage 0.520
Zoning Commercial
Investment Type Stabilized
Tenant Credit Franchisee
Lease Commencement 09/01/2025
Ground Lease No
Sale Condition For sale by owner
QSR Investment with Stable Cash Flow
Marketing description
High-visibility location on a major thoroughfare
Stable tenant positioning with long-term upside
Simple, easy-to-manage lease structure
Investment highlights
Gross Lease: $4,500/month ($54,000/year)
Expenses: ~$1,000/month ($12,000/year)
NOI: $42,000/year
Rent Growth: 2% annual increases
Lease expires: Aug 2030
New HVAC, New Eletrical, New Grease Trap, New Vent Hood
Listing Contacts
Listed by Jordan Group Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,000.00
$3,500.00/mo
Valuation Metrics
0
DSCR
7.01%
Cap Rate
7.01%
ROI
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Property History
Tax History
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