809 S Timberland Dr - Storefront FOR SALE


Lufkin, TX 75901
$3,123,973 USD
809 S Timberland Dr, Lufkin, TX for Sale
$3,123,973 USD
Storefront - FOR SALE
1/5
null | 7.5% Cap Rate

809 S Timberland Dr
Lufkin, TX 75901


HIGHLIGHTS

  • Offered at $3,123,973 ($65.08 PSF) at a 7.50% CAP Rate, providing a strong yield relative to replacement cost.
  • Ollie’s assumed the former Big Lots lease and is now open, reinforcing the center’s long-term viability and tenant demand.
  • Citi Trends has no renewal options, creating an opportunity for lease restructuring, re-tenanting, or rent increases.
  • Current rents average $5.17 PSF, offering strong upside relative to market comparables.
  • Excellent frontage and exposure along S. Timberland Drive, one of Lufkin’s primary retail corridors.
  • Located near the high-traffic intersection of E. Denman Avenue and S. Timberland Drive, driving consistent retail traffic.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 48,000 SF Lufkin Retail Center in Lufkin, Texas. The center is anchored by Ollie’s Bargain Outlet, which assumed the former Big Lots lease and opened in August 2025, reinforcing the strength of the location along S. Timberland Drive. With an attractive basis of $65.08 PSF, below-market rents averaging $5.17 PSF, and Citi Trends holding no renewal options, the property offers both stable in-place income and meaningful value-add potential. Recent capital improvements, including a newer roof and updated HVAC, further enhance the investment’s durability. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$3,123,973 USD

PRICE/SF

$65 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lufkin Retail Center - Lufkin, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

103

LAND DETAILS

LAND ACRES

4.34 AC

LAND SF

189,050 SF

ZONING

C

APN/PARCEL ID

20729

ASK ABOUT THIS PROPERTY

Cayson WillefordSands Investment Group Austin, LLCMore Info

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