1809 Tulane Drive
About This Property for Sale
Marketing description
Entrust Commercial Advisors Group, powered by KW Commercial, is pleased to exclusively offer Aspen Dental & James Avery, a fully leased two-tenant retail investment property located at 1809 Tulane Drive in Lufkin, Texas. The 5,700 SF property sits on 0.99 acres within one of Lufkin’s primary retail corridors near Highway 59 and Tulane Drive. Offered at $3,250,000, the asset provides a 6.0% cap rate backed by stable income from two nationally recognized tenants under NNN lease structures.
The property is shadow anchored by major retailers including Target, Home Depot, PetSmart, Best Buy, and Ross, providing strong visibility and consistent consumer traffic. Aspen Dental occupies 3,500 SF and James Avery occupies 2,200 SF, with both tenants featuring rental escalations and renewal options that support long-term income stability.
The surrounding trade area features strong regional demographics, including median household incomes exceeding $53,000 within three miles and more than 44,000 residents within five miles, making the property a well-positioned retail investment in East Texas.
Joshua Murphy, CCIM
Joshua Murphy, CCIM
210.557.2172
Lic. #583858
Investment highlights
- 100% Leased Two-Tenant Retail Investment
- Offered at $3,250,000 | 6.0% CAP Rate
- National Tenants: Aspen Dental & James Avery
- NNN Lease Structure with Built-In Rental Escalations
- Located in Lufkin’s Primary Retail Corridor Near Target & Home Depot
- Strong Demographics with 44,000+ Residents within 5 Miles
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