EYEMART EXPRESS

3709 S Medford Dr, Lufkin, TX 75901
$1,124,129

Cap Rate
7.75%
Price Per SF
$244
Gross SQFT
4,750
Year Built
2009
NOI
$87,120
Property Type
Healthcare

INVESTMENT HIGHLIGHTS

  • LOCATED NEAR THE LUFKIN MALL – This asset is right next to the Lufkin Mall which sees over 221,000 visits a month per Placer.Ai.
  • NEARBY RETAIL SYNERGY – Surrounded by prominent national tenants, including Walmart Supercenter, Sam’s Club, Target, Lowe’s, Ross, Home Depot, Chick-fil-A, IHOP, Chili’s, and Texas Roadhouse.
  • HIGHLY TRAFFICKED STREET – Located on Medford Drive seeing over 42,000 VPD.
  • FRONTING NEW DEVELOPMENT – In front of a newly proposed ±3.93 AC development that has already broken ground.
  • LONG OCCUPANCY HISTORY AND RECENT RENEWAL – The current Tenant has been at the site for almost 10 years and just signed a 5-year renewal which shows commitment to the property.
  • LARGE BUILDING AND LOT FOR FUTURE REDEVELOPMENT – With over 4,750 SF of gross leasable area and more than ±30,000 SF of land you are not limited to future redevelopment opportunities.

Broker of Record

  • Patrick Graham
  • License No. 9005919 (TX)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 8300 Douglas Ave.,
    Ste. 750, Dallas, TX 75225
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