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Property profile & analytics
FOR LEASE
Strip malls

1905 Tulane Dr Lufkin, TX 75901

30,594 SF 3.38 ac lot Built 2005
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US82-6730098
Property summary
AI-generated overview

This exceptional retail opportunity presents itself in the form of the Garden District Shopping Center, located at 1905 Tulane Dr, Lufkin, TX 75901. The property boasts a total building area of 35,848 square feet, currently featuring a mix of tenants. A significant space of 12,096 square feet is immediately available, presenting a prime chance for expansion or new business establishment. The center's strategic location in Lufkin, Texas offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. The property is classified as a multi-tenant shopping center, indicating a vibrant and diverse retail environment. This presents a unique opportunity for businesses seeking a well-established location within a thriving community. The available space is substantial, providing ample room for a variety of retail concepts. With its prime location and significant square footage, this property is an ideal investment for businesses looking to establish a strong presence in the Lufkin market. The property's address is easily accessible and visible from major roadways, ensuring high visibility for potential tenants. The 12,096 square feet of vacant space offers flexibility for customization to suit specific business needs. This is a rare opportunity to secure a substantial retail space in a well-established shopping center in a growing Texas market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 30,594 SF
Lot 3.38 ac (147,320 SF)
APN 4192-349-001-003-00
UPID US82-6730098
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sake Cafe Restaurant
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
  • Lulu's Gifts & Fashion Clothing & Fashion Store
  • PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
  • TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
by Request
Comparable Approach Comparable
$963k
Blend (final) Blend
$915k
Owner & transaction history
The Card Group INC · 15 yrs held
The Card Group INC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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