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Self-Storage Facility

Trailwood Storage South

2024 S John Redditt Dr, Lufkin, TX 75904

Listing Price: $3,500,000

Cap Rate
6.06%
Number of Units
145
Occupancy
30.3%
Gross SF
40,100
Rentable SF
40,100
Price/Rentable SF
$87.28
Year Built
2024

Investment Overview

Trailwood Storage South is a mixed-use property located in Lufkin, Texas. The property sits on approximately 4.88 acres of land and consists of a 16,100 NRSF completely climate controlled Self-Storage facility, one single tenant 14,000 square foot flex retail building and a 4 tenant 10,000 square foot flex warehouse space. Trailwood Storage South offers several amenities found in class A storage facilities including, but not limited to video surveillance throughout the property, storage buildings with keycode access, roll up doors, LED lights activated on motion sensors and concrete driveways. The metal buildings were constructed between early 2024 and August of 2025, have spray foam insulation, metal roofs and metal doors.
 
Situated approximately 120 miles north of Houston, Lufkin is the is the retail and medical hub of a 12-county region in Piney Woods of east Texas. Lufkin is the county seat of Angelina County, and the local economy benefits from several strong industries such as timber manufacturing, food products, and aerospace and defense. The property fronts on John Reddit Highway which is Lufkin’s loop with traffic counts of around 33,000. This stretch of John Reddit is the most widely traveled thoroughfare for local traffic, feeding numerous neighborhoods and nearby local and national retailers.
 
The asset provides an investor with a newly constructed property that has enjoyed a quick lease-up. The first phase of the storage units opened in August of 2024 and was 60 percent physically occupied within 12 months. The 2nd storage building came online in August of 2025. The 10,000 square foot flex warehouse space was completely rented within 8 months of opening. The 14,000 square foot flex retail space has a 10-year NNN lease occupied by D-Bat. Bolstering the strength of the tenant is that Lufkin is a hotbed for youth baseball with 4 area little league teams winning championships in 2025. The opportunity offers a going in cap rate north of 6 percent with the runway to lease up the storage portion of the property. By getting the economic occupancy on the storage portion of the property to 80 percent with conventional rental increases, an unlevered return of over 9.5 percent is to be expected within 24 months. Furthermore, there is room to construct one more self-storage building that has already been approved by the City of Lufkin.

Investment Highlights

  • 2024 & 2025 Construction // Mixed Use Property with Flex Retail, Flex Warehouse and a 100 Percent Climate Controlled Self-Storage Facility
  • Self-Storage Facility in Early Lease Up With Expansion Land // Self-Storage phase I was 60 percent occupied within 12 months.
  • Massive Upside by Stabilizing the Self-Storage Portion of the Property // The going in cap rate is around 6 percent with and end of year one proforma cap rate of 8.52 Percent
  • 33,000 Traffic Counts // Frontage on John Reddit Highway The primary loop around Lufkin and likely the highest local traffic area in the city.
  • Lufkin // East Texas Hub City and Youth Baseball Hotbed!

Exclusively Listed By

Financing By

Self-Storage Facility

Trailwood Storage South

Listing Price: $3,500,000

Cap Rate
6.06%
Number of Units
145
Occupancy
30.3%
Gross SF
40,100
Rentable SF
40,100
Price/Rentable SF
$87.28
Year Built
2024

Investment Highlights

  • 2024 & 2025 Construction // Mixed Use Property with Flex Retail, Flex Warehouse and a 100 Percent Climate Controlled Self-Storage Facility
  • Self-Storage Facility in Early Lease Up With Expansion Land // Self-Storage phase I was 60 percent occupied within 12 months.
  • Massive Upside by Stabilizing the Self-Storage Portion of the Property // The going in cap rate is around 6 percent with and end of year one proforma cap rate of 8.52 Percent
  • 33,000 Traffic Counts // Frontage on John Reddit Highway The primary loop around Lufkin and likely the highest local traffic area in the city.
  • Lufkin // East Texas Hub City and Youth Baseball Hotbed!

Investment Overview

Trailwood Storage South is a mixed-use property located in Lufkin, Texas. The property sits on approximately 4.88 acres of land and consists of a 16,100 NRSF completely climate controlled Self-Storage facility, one single tenant 14,000 square foot flex retail building and a 4 tenant 10,000 square foot flex warehouse space. Trailwood Storage South offers several amenities found in class A storage facilities including, but not limited to video surveillance throughout the property, storage buildings with keycode access, roll up doors, LED lights activated on motion sensors and concrete driveways. The metal buildings were constructed between early 2024 and August of 2025, have spray foam insulation, metal roofs and metal doors.   Situated approximately 120 miles north of Houston, Lufkin is the is the retail and medical hub of a 12-county region in Piney Woods of east Texas. Lufkin is the county seat of Angelina County, and the local economy benefits from several strong industries such as timber manufacturing, food products, and aerospace and defense. The property fronts on John Reddit Highway which is Lufkin’s loop with traffic counts of around 33,000. This stretch of John Reddit is the most widely traveled thoroughfare for local traffic, feeding numerous neighborhoods and nearby local and national retailers.   The asset provides an investor with a newly constructed property that has enjoyed a quick lease-up. The first phase of the storage units opened in August of 2024 and was 60 percent physically occupied within 12 months. The 2nd storage building came online in August of 2025. The 10,000 square foot flex warehouse space was completely rented within 8 months of opening. The 14,000 square foot flex retail space has a 10-year NNN lease occupied by D-Bat. Bolstering the strength of the tenant is that Lufkin is a hotbed for youth baseball with 4 area little league teams winning championships in 2025. The opportunity offers a going in cap rate north of 6 percent with the runway to lease up the storage portion of the property. By getting the economic occupancy on the storage portion of the property to 80 percent with conventional rental increases, an unlevered return of over 9.5 percent is to be expected within 24 months. Furthermore, there is room to construct one more self-storage building that has already been approved by the City of Lufkin.

Exclusively Listed By

Financing By

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