4505 South Medford Drive, Lufkin, TX, 75901, US

Southloop Crossing

Asset description

Jones Lang LaSalle is pleased to exclusively offer investors the opportunity to acquire Southloop Crossing, a 110,638 square foot, 100% leased, power center located in the primary retail corridor of Lufkin, TX. Located on the southeast corner of SH-287 & I-59, Southloop Crossing attracts 17.6M vehicles/year and is well positioned to capture heavy traffic between travelers on I-59 and cross shoppers from the Lufkin Mall. Southloop Crossing is being offered as part of the Southwest Retail Portfolio and can be purchased separately.

...

Attributes

Building area net

110,638 sf

Occupancy

100%

Year built

2004

WALT

5.5 years

Media

Investment highlights

Dominant Retail Node - Positioned on the southeast corner of SH-287 and I-59, across from the Lufkin Mall, Southloop Crossing is located within Lufkin’s primary retail corridor which totals over 1.4M SF of retail. With a historical 10-year average vacancy of 5.2%, Lufkin is proven MSA with high tenant retention.
Valued National / Credit Tenancy - 89% of the rent roll are national / credit retailers.
Recent Leasing Momentum - 33% of Southloop Crossing's rent roll represents leases signed within the past 3 years.