Overview

Description

The Bowman Post Group of NewGen Advisory is pleased to offer for sale the hotel development site in Lufkin, Texas. This fully entitled parcel has been approved for construction of an 84 room Fairfield Inn & Suites by Marriott on a total of 2.844 acres. The site is available for purchase or for lease. Note, an additional retention parcel could be purchased/leased in conjuction with this sale.

Lufkin is an ideal location for those who enjoy small-town convenience with major city jobs, education, entertainment, shopping, governmental, and medical services. The city is known as medical hub for 12 counties with two top tier hospitals and one primary care stroke center. Also, Lufkin's convenient location at the junction of HWY 69 and HWY 59 provides the city with a daily traffic count of 30K per day

Broker of Record: Bharat Vakil | NewGen Advisory TX, LLC. | Lic No. 9006243

TBH

Highlights

• Fully Entitled 84 room Fairfield Inn & Suites by Marriott, ready to pull construction permit.
• 2.84 acre lot
• Additonal retention parcel (3.649 acre) available upon request
• Lease Option Available
• Located in a Foreign Trade Zone
• Located in Lufkin Texas, 120 miles Northeast of Houston.
• Lufkin is the regional medical & retail hub of east Texas
• Nearby Lufkin Mall, many major national retail stores, Target, Lowes, Home Depot, Lowes, etc. as well as many restaurants, Cinemark.
• Industry city for manufacture and service for oil field equipment and power transmission equipment.

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