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1701 W Frank Ave
Lufkin, TX 75904

$1,013,000 USD

Auto Repair For Sale  •  7,000 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 7,000 SF
  • Lot Size 1.17 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
48 Walk Score

Highlights

Commitment to Location: Advance Auto Parts recently reaffirmed its commitment to this location by executing a 7-year lease extension
Established Operating History: The tenant has operated continuously at this site since 2002, demonstrating 24 years of proven performance
Tax-Free Advantage: Located in Texas, the asset benefits from the state’s lack of personal income tax, enhancing after-tax investment returns.
High-Performing Store: This location ranks in the 75th percentile of all Advance Auto Parts stores nationwide (per Alpha Maps)
Signalized Hard Corner with Retail Synergy: The property is surrounded by complementary credit retailers (Brookshire Brothers, Chick-Fil-A, McDonald’s
Dense and Growing Population: With approximately 50,000 residents within a 5-mile radius, the area provides a robust customer base and strong demand
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 12/31/2024

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Dylan Schroeder 954-288-3678 Matthews Real Estate Investment Services
Dylan Schroeder 954-288-3678 Matthews Real Estate Investment Services