IHOP Absolute NNN
4400 S Medford Drive Lufkin, TX 75901
New
4400 S Medford Drive, Lufkin, TX, 75901
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For Sale
Contact for pricing
IHOP has operated since 2000 and extended an Absolute NNN Lease in 2020, with 7+ years remaining.
Property Size5,000 SF
Price / SF$400
Days on Market6
Property Features for 4400 S Medford Drive
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1998
Listing agency
Horvath & Tremblay
Listed by
Bob Horvath · License #CT 756500
Source
Crexi
Added: Jul 17 Updated: Jul 22 at 1:57AM Checked: Jul 22 at 10:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
Horvath & Tremblay presents the exclusive sale of an IHOP investment property in Lufkin, Texas. IHOP has operated at the location since 2000 and extended its Absolute NNN Lease in 2020, with 7+ years remaining on the lease term.
The property is located at 4400 S Medford Drive along US Highway 59/US Highway 69, described as one of Lufkin’s premier retail and restaurant corridors. The site provides direct access to the transportation network connecting Lufkin with Houston, Nacogdoches, Tyler, and the broader East Texas region. The surrounding area includes national retailers, hotels, medical facilities, and service-oriented businesses, supporting consumer activity throughout the day. The location also benefits from proximity to major employers across manufacturing, healthcare, education, forestry, and government sectors, along with nearby hotels and regional shopping destinations.
The property is located at 4400 S Medford Drive along US Highway 59/US Highway 69, described as one of Lufkin’s premier retail and restaurant corridors. The site provides direct access to the transportation network connecting Lufkin with Houston, Nacogdoches, Tyler, and the broader East Texas region. The surrounding area includes national retailers, hotels, medical facilities, and service-oriented businesses, supporting consumer activity throughout the day. The location also benefits from proximity to major employers across manufacturing, healthcare, education, forestry, and government sectors, along with nearby hotels and regional shopping destinations.
Key Highlights
- IHOP has operated at 4400 S Medford Drive in Lufkin, TX since 2000
- Absolute NNN Lease extended in 2020, with 7+ years remaining
- Year built: 1998
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.4k | $20.28 |
| − Vacancy | −$5.9k | −$1.18 |
| EGI | $95.5k | $19.10 |
| − OpEx | −$23.9k | −$4.78 |
| NOI | $71.6k | $14.33 |
5,000 SF · lease $20.28/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.02M
$895.5K – $1.19M
NOI $71,639 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,642 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
NASCAR Refuel Tenders ...
Restaurant
IHOP
Restaurant
Pardon My Cheesesteak
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - IHOP has operated since 2000 and extended an Absolute NNN Lease in 2020, with 7+ years remaining.
Where is this conventional restaurant located?
The property is located at 4400 S Medford Drive Lufkin, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: IHOP has operated at 4400 S Medford Drive in Lufkin, TX since 2000; Absolute NNN Lease extended in 2020, with 7+ years remaining; Year built: 1998
