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2206 N John Redditt Dr
Lufkin, TX 75904

GSA | Dept. Veterans Affair · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
46,059 SF
Building Class
A
Year Built
2009
Tenancy
Single
Building Height
1 Story
Typical Floor Size
46,368 SF
Building FAR
0.15
Lot Size
6.88 AC
Zoning
HM
Parking
252 Spaces (5.43 Spaces per 1,000 SF Leased)

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 97402
  • 97401
Land Assessment
$872,850
Improvements Assessment
$6,817,540
Total Assessment
$7,690,390
  • Listing ID: 18467628

  • Date on Market: 2/10/2020

  • Last Updated:

  • Address: 2206 N John Redditt Dr, Lufkin, TX 75904

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