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33293797

North John Redditt Drive, Lufkin, TX 75904

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners
$6,500,000
2 days on market
Updated 2 days ago

Total Point ER | 20 Yr Abs NNN | Lufkin, TX

Details
Property Type Retail, Office
Sub Type Pharmacy/Drug, Storefront (+1)
Square Footage 8,066
Cap Rate 8%
NOI $520,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+3)
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 2X 5 YEAR
Broker Co-Op True
Year Built 2016
Year Renovated 2026
Buildings 1
Acreage 1.120
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Surgery Center | 20 Yr Abs NNN | 8% Cap

Investment highlights

PROPERTY HIGHLIGHTS

• 20 Year Absolute Net Lease Offers Predictable Cash Flow

• Forward Sale / Under Construction Opportunity

• Essential Healthcare Facility Operating as a Freestanding Emergency Room With 24/7 Operations

• 8,066 SF Medical Facility Building Situated on a 1.12 Acre Parcel

• Corporate Guaranteed Lease Structure Enhances Credit Profile and Income Security

• No Landlord Responsibilities and Potential Tax Advantages, Including Opportunities for Accelerated Depreciation

• Ideal For Private Investors Or 1031 Exchange Buyers Seeking a Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy

• Institutional Scale Asset Size Well Suited for Private Investors Seeking Predictable Cash Flow and Long Term Hold Potential

• Strategically Located along S John Redditt Dr, a Primary Commercial Corridor Providing Strong Visibility, Accessibility, and Consistent Daily Traffic

• Positioned within Close Proximity to Major Healthcare and Retail Anchors, Supporting Stable Demand and Long-Term Tenant Performance

LOCATION HIGHLIGHTS

• Located in Lufkin, a Regional Economic Hub Serving East Texas with a Strong Base in Healthcare, Manufacturing, and Retail

• Positioned along S John Redditt Dr, a Key Retail and Commercial Corridor with High Traffic Counts and Excellent Visibility

• Immediate Access to U.S. Highway 59 (Future Interstate 69) Provides Strong Regional Connectivity Throughout East Texas

• Located near CHI St. Luke’s Health Memorial Lufkin, a Major Regional Medical Center Driving Consistent Patient and Employment Traffic

• Surrounded by Established Retailers Including Walmart Supercenter, Sam’s Club, and Lowe’s Home Improvement, Creating a Strong Retail Synergy and Daily Traffic Drivers

• Lufkin Serves as a Primary Commercial Center for Angelina County and Surrounding Rural Markets, Expanding the Property’s Trade Area

• The Area Benefits from Consistent Population Stability and Employment Drivers Anchored by Healthcare, Education, and Manufacturing Sectors

• Strong Local Demand for Medical and Service-Oriented Uses Supported by a Growing and Underserved Regional Population Base

Listing Contacts

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by CrownPoint Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$520,000.00
$43,333.33/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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