Executive Summary
- Lease Structure: Triple-Net
- Available SF: 5,700
- Date added: Added 3 weeks ago
Property Insights
- Property Type: Retail
- Building RBA: 5700
- Land Area (AC): 0.99
- Tenancy: Multi-Tenant
- Market: San Antonio, MSA
Project Overview
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Description:
Entrust Commercial Advisors Group, powered by KW Commercial, exclusively offers Aspen Dental & James Avery. This fully leased, two-tenant retail investment property sits at 1809 Tulane Drive in Lufkin, Texas.
The 5,700 SF property occupies 0.99 acres in one of Lufkin’s primary retail corridors. Additionally, it sits near Highway 59 and Tulane Drive, which provides convenient access and strong exposure. The property has an asking price of $3,250,000 and delivers a 6.0% cap rate. Moreover, two nationally recognized tenants support the income through NNN lease structures.
Major retailers such as Target, Home Depot, PetSmart, Best Buy, and Ross help drive traffic to the area. As a result, these nearby anchors enhance the property’s visibility and consumer draw. Aspen Dental leases 3,500 SF, while James Avery leases 2,200 SF. In addition, both tenants have rental escalations and renewal options, which strengthen long-term income stability.
The surrounding trade area offers strong regional demographics. For example, median household incomes exceed $53,000 within three miles. Additionally, more than 44,000 residents live within five miles. Overall, these fundamentals position the property as a strong retail investment opportunity in East Texas.
For more information or to schedule a tour, please contact:
Joshua Murphy, CCIM
Show all description
(210) 557-2172
josh@entrust-ca.com
To view listing on Crexi, click here.
Project 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