PROPERTY NAME

4500 S. MEDFORD DRIVE

Location

4500 South Medford Drive

Lufkin, TX 75901

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Property Description

  • Absolute NNN: +13 years remaining on a 15-year ground lease with 3, 5-year options and 10% increase every 5 years.
  • Strong National Tenant: NASDAQ: TXRH:Texas Roadhouse is one of the top casual dining chains in the United States with a revenue of $4.01B. A 15.91% increase from 2021.
  • Desirable Location: Located in the major retail corridor of Lufkin, this is the only Texas Roadhouse for over 100 miles in any direction.
  • Surrounding Destination Retailers: Home Depot, Target, Lowes, and Lufkin Mall which attracted over 2.5 million visitors in the last 12 months.
  • No Income Tax: Texas has no state income tax.

31,283

3 MILE RADIUS
POPULATION

$65,384

3 MILE RADIUS
AVERAGE HH INCOME

RESOURCES

OFFERING MEMORANDUM

AERIAL

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