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2206 N John Redditt Dr
Lufkin, TX 75904
GSA | Dept. Veterans Affair · Office Property For Sale
PROPERTY FACTS
About 2206 N John Redditt Dr , Lufkin, TX 75904
Stan Johnson Company is pleased to present the opportunity to acquire the Charles Wilson VA Outpatient Clinic in Lufkin, Texas (the “Property”), a 46,059–square–foot medical building positioned along the city’s major outer loop thoroughfare only 3.5 miles west of downtown Lufkin (Daytime Population: 100,000+). 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. 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 65–mile radius. The lack of other nearby facilities makes this VA Clinic mission–critical to serving the surrounding veteran population. This Property benefits from the density of veterans in the surrounding area as Lufkin has an estimated veteran population of 5,700 people who are eligible to receive treatment at this clinic, along with their family members. Additionally, Texas boasts the second highest veteran population in the nation with more than 1.7 million veterans residing in the state. These factors combine to create a sustained patient base that consistently depends on the services offered at the Property. Further demonstrating the VA’s commitment to the site, the VA Outpatient Clinic is strategically located along the major thoroughfare providing access around Lufkin’s perimeter – North John Redditt Road (Traffic Count: 17,000 VPD) – which grants local residents and veterans traveling from surrounding cities easy access. The site serves veterans in primary care and specialty treatments including services such as mental health, dermatology, gastroenterology, dentistry, radiology, and optometry.
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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: 18467628
Date on Market: 2/10/2020
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.