List Search

809 S Timberland Dr
Lufkin, TX 75901

$3,123,973 USD

Storefront For Sale  •  48,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 48,000 SF
  • Lot Size 4.34 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning C
50 Walk Score

Highlights

Offered at $3,123,973 ($65.08 PSF) at a 7.50% CAP Rate, providing a strong yield relative to replacement cost.
Ollie’s assumed the former Big Lots lease and is now open, reinforcing the center’s long-term viability and tenant demand.
Citi Trends has no renewal options, creating an opportunity for lease restructuring, re-tenanting, or rent increases.
Current rents average $5.17 PSF, offering strong upside relative to market comparables.
Excellent frontage and exposure along S. Timberland Drive, one of Lufkin’s primary retail corridors.
Located near the high-traffic intersection of E. Denman Avenue and S. Timberland Drive, driving consistent retail traffic.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Citi Trends 16,000 SF 6/1/2027
Ollie's Bargain Outlet 32,000 SF 1/31/2028

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 103
Type: Surface
Included in Rent: Yes
Cayson Willeford Sands Investment Group Austin, LLC
Cayson Willeford Sands Investment Group Austin, LLC