1701 W Frank Ave - Auto Repair FOR SALE
Lufkin, TX 75904 |
$1,013,000 USD
954-288-3678
1701 W Frank Ave
Lufkin, TX 75904
HIGHLIGHTS
- Commitment to Location: Advance Auto Parts recently reaffirmed its commitment to this location by executing a 7-year lease extension
- Established Operating History: The tenant has operated continuously at this site since 2002, demonstrating 24 years of proven performance
- Tax-Free Advantage: Located in Texas, the asset benefits from the state’s lack of personal income tax, enhancing after-tax investment returns.
- High-Performing Store: This location ranks in the 75th percentile of all Advance Auto Parts stores nationwide (per Alpha Maps)
- Signalized Hard Corner with Retail Synergy: The property is surrounded by complementary credit retailers (Brookshire Brothers, Chick-Fil-A, McDonald’s
- Dense and Growing Population: With approximately 50,000 residents within a 5-mile radius, the area provides a robust customer base and strong demand
FOR SALE DETAILS
PRICE
$1,013,000 USD
PRICE/SF
$145 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.17 AC
LAND SF
50,965 SF
ZONING
Commercial
APN/PARCEL ID
89703
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954-288-3678
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954-288-3678
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