Retail Space /TX /Angelina County /Lufkin /214 S Timberland Dr
Retail Space /TX /Angelina County /Lufkin /214 S Timberland Dr

214 S Timberland Dr - Fast Food FOR SALE


Lufkin, TX 75901 | 
$625,000 USD
501-749-1959
214 S Timberland Dr, Lufkin, TX for Sale
$625,000 USD
Fast Food - FOR SALE
1/3
null | 6.72% Cap Rate
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214 S Timberland Dr
Lufkin, TX 75901

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HIGHLIGHTS

  • New HVAC, New Eletrical, New Grease Trap, & New Vent Hood
  • approximately 18,000+ VPD
  • Surrounded by retail, restaurants, and service businesses

OVERVIEW

Gross Lease: $4,500/month ($54,000/year) Expenses: ~$1,000/month ($12,000/year) NOI: $42,000/year Rent Growth: 2% annual increases List Price: $625,000 Cap Rate: 6.72% Lease expires: Aug 2030

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C

APN/PARCEL ID

74672

ASK ABOUT THIS PROPERTY

Henry 'Razz' JordanThe Jordan GroupMore Info
501-749-1959

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Henry 'Razz' JordanThe Jordan GroupMore Info
501-749-1959

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