For Sale
$520,000

2213 1St StLufkin, TX 75901

Multi-tenant retail building, 100% occupied, strong lease terms.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 3,160 square foot multi-tenant retail building located at 2213 S First St, Lufkin, Texas, 75901. The property sits on a 0.18-acre lot and boasts 20 parking spaces, ensuring ample convenience for tenants and customers. Built in 1999 and zoned C-Commercial, this property offers excellent visibility and easy access from Highway 59. Currently, the building enjoys 100% occupancy with three separate suites. Two suites (A & B) are under lease agreements expiring in January 2028, generating combined annual rental income exceeding $31,000. The third suite (C) has a lease expiring in July 2029, contributing an additional $18,000 annually in rental income. The leases are structured as NNN (Net, Net, Net), minimizing landlord responsibilities. This property is offered at an asking price of $520,000 and represents a compelling investment opportunity due to its strong tenant occupancy, favorable lease terms, and prime location in Lufkin, Angelina County, Texas. The remaining lease terms provide long-term stability and predictable cash flow. This is a turnkey investment ready for immediate income generation.

Highlights

  • 3,160 SF multi-tenant retail building on a 0.18-acre lot in Lufkin, TX.
  • 20 parking spaces and excellent Highway 59 visibility.
  • 100% occupancy with three suites under NNN leases.
  • Annual rental income exceeding $49,000 with lease expirations in 2028 and 2029.
  • Asking price: $520,000.

Property Details for 2213 1St St

Property type
Retail properties
Square Feet
3,160 SF
Year Built
1999
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Lufkin
County
Angelina
State
Texas
Latitude
31.2994768
Longitude
-94.7268122
2213 1St St, Lufkin, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2213 1St St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message