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4500 Medford Dr Lufkin, TX 75901

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Lufkin, TX Restaurant Investment

Property size:
7,570 SF

Property Features for 4500 Medford Dr

General Information

Property type
Retail properties & Spaces
Square Feet
7,570 SF
Lot Size
14,375 SF

Building Details

Year Built
2021
Buildings
1
Stories
1

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Listing Contact
Marc Mandel
Marc Mandel

Listing Agency: Forged Real Estate Listing Agent: Marc Mandel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

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 Profile Location Intelligence

Current Use by Public Records

Texas Roadhouse Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

Location Insight

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

FAQs

What type of property is this?
Retail property - Lufkin, TX Restaurant Investment
Where is this retail property 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.
(610) 608-2621 Call to check price and availability
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