For Sale
For Sale
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Year Built
2009
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Total Building Size
16,140 RSF
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Overview
Located in the high traffic retail and entertainment corridor of the market. The center is approximately 0.5 mile to the east of the busy Hwy 59 & Loop 287 intersection. Surrounding retailers include The Home Depot, Cinemark Lufkin 12, Buffalo Wild Wings, Olive Garden, Chili's Grill & Bar, Logan's Roadhouse, PetSmart, and many more. Drake Real Estate & Investments are please to offer the sale of Medford Plaza in Lufkin, TX. This center is located in an exceptional retail area of the market with high traffic and visibility. The disposition presents a great value add opportunity as there is ample vacancy and current tenants on terms with below market rents. Substantial improvements have been made to the center's common areas including a new 35' pylon sign. The center is currently managed by a commercial professional firm that has performed exceptional to improve the overall quality and curb-appeal of the development. The center presents a turn-key opportunity for a NNN investor, or can also offer a premium site for redevelopment.
Property Details
Located in the high traffic retail and entertainment corridor of the market. The center is approximately 0.5 mile to the east of the busy Hwy 59 & Loop 287 intersection. Surrounding retailers include The Home Depot, Cinemark Lufkin 12, Buffalo Wild Wings, Olive Garden, Chili's Grill & Bar, Logan's Roadhouse, PetSmart, and many more. Drake Real Estate & Investments are please to offer the sale of Medford Plaza in Lufkin, TX. This center is located in an exceptional retail area of the market with high traffic and visibility. The disposition presents a great value add opportunity as there is ample vacancy and current tenants on terms with below market rents. Substantial improvements have been made to the center's common areas including a new 35' pylon sign. The center is currently managed by a commercial professional firm that has performed exceptional to improve the overall quality and curb-appeal of the development. The center presents a turn-key opportunity for a NNN investor, or can also offer a premium site for redevelopment.
- Property TypeRetail
- Year Built2009
- Total Building Size16,140RSF
- Total Acres2.46
- Sale StatusAvailable
- Property ID2169436
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