Cap Rate
8.35%
Tot. SF
9,026
1401 Kurth Drive, Lufkin, TX, 75904
Dollar General
$1,200,287
Key Information
Lot Size
1.35 Acres
Year Built
2014
Term Remaining
± 2.5 Years
Type
Retail
NOI
$100,224
Highlights
- 2014 build-to-suit construction for Dollar General
- Absolute NNN Lease – Zero Landlord Responsibilities
- Five Mile population in excess of 46,977 residents
- Corporately guaranteed lease from Dollar General Corporation
- Texas is an income tax-free state
- Average household income of $61,512, which is considered to be an income “sweet spot” for Dollar General
- Nearby national tenants include Exxon, HEB, Planet Fitness, Chick-Fil-A, McDonald’s, and more
- Subject property was remodeled at tenants expense in 2024, proving their long term commitment to this location
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Patrick Graham
License # 528005, 9005919 (TX)Matthews Real Estate Investment Services, Inc2699 Howell St., Suite 400, Dallas, TX 75204