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    4500 Medford Dr Lufkin, TX 75901

    For Sale
    $2,300,000

    Lufkin, TX Restaurant Investment

    Property size:
    7,570 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a fee simple interest in a 7,570 square foot Texas Roadhouse restaurant located at 4500 S Medford Dr, Lufkin, TX 75901. The property boasts a strong 100% occupancy rate under an absolute NNN ground lease with a corporate guarantee from Texas Roadhouse, offering a hands-off ownership experience. The lease features a remaining term of approximately 11.8 years, extending to August 31, 2036, with attractive 10% rent bumps every five years and three, five-year renewal options. The property sits on a 0.33-acre lot and was built in 2021. The annual net operating income (NOI) is $115,000, representing a 5.00% cap rate and a price per square foot of $303.83. The asking price for this single-tenant, single-story building is $2,300,000. This prime retail location benefits from high visibility on South Medford Drive, a major thoroughfare with over 50,000 vehicles per day, and is situated near numerous national retailers, including Target, Home Depot, and Lowe's, further solidifying its position in a thriving retail corridor. The Lufkin Texas Roadhouse is the only location within a 50-mile radius. Texas Roadhouse, Inc. reported strong year-over-year revenue growth in Q1 2024, demonstrating the financial strength and stability of the tenant. This investment offers a compelling combination of long-term lease security, substantial rental increases, and a prime location in a high-traffic area.

    Property Features for 4500 Medford Dr

    General Information

    Property type
    Restaurants
    Square Feet
    7,570 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    1

    HighLights

    • 12‑year NNN ground lease with 10% rent increases every 5 years.
    • Excellent visibility on South Medford Drive (50,000 VPD) as an outparcel to Lufkin Mall.
    • Only Texas Roadhouse within 50 miles.
    • Strong retail location near Target, Home Depot, Lowe's, and other national retailers.
    • Texas Roadhouse shows strong year‑over‑year revenue growth; Q1 2024 revenue $1.31B.
    Property Profile Location Intelligence

    Current Use by Public Records

    Texas Roadhouse Steak House

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.7227278
    Latitude
    31.3119914

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    FAQs

    What type of property is this?
    Restaurant - Lufkin, TX Restaurant Investment
    Where is this restaurant located?
    The property is located at 4500 Medford Dr Lufkin, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 12-year NNN ground lease with 10% rent increases every 5 years.; Excellent visibility on South Medford Drive (50,000 VPD) as an outparcel to Lufkin Mall.; Only Texas Roadhouse within 50 miles.
    Request Owner's contact information
    4500 Medford Dr Lufkin, TX 75901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4500 Medford Dr Lufkin, TX 75901
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