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2206 N John Redditt Dr
Lufkin, TX 75904
VA Outpatient Clinic: Lufkin, TX · Office Property For Sale
PROPERTY FACTS
About 2206 N John Redditt Dr , Lufkin, TX 75904
PREMIER GSA–CREDIT TENANT: The lease is guaranteed by the United States of America, General Services Administration (GSA) which is viewed as a premier tenant by the investment community. The Department of Veteran Affairs has the most comprehensive system of assistance for Veterans of any nation in the world. The Department of Veterans Affairs (VA) has more than 377,000 employees and is the second largest department within the US Government. MISSION CRITICAL LOCATION: Originally constructed in 2009, the Lufkin VA Clinic serves as a regional outpatient clinic in Eastern Texas and is the only VA clinic within a 55–mile radius. The lack of other nearby facilities makes this VA Clinic mission–critical to serving the surrounding veteran population. LONG TERM LEASE WITH GUARANTY: The VA Outpatient Clinic has ± 10.0 years of term remaining with 1.25% annual rent escalations, no termination options, and a guaranty from the Department of Veterans Affairs backed by the U.S. Government.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $6,817,540 |
Land Assessment | $872,850 | Total Assessment | $7,690,390 |
PROPERTY TAXES
- 97402
- 97401
Learn More About Investing in Office Space
Listing ID: 16752948
Date on Market: 7/29/2019
Last Updated:
Address: 2206 N John Redditt Dr, Lufkin, TX 75904
The Office Property at 2206 N John Redditt Dr, Lufkin, TX 75904 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.