Marshalls & Hobby Lobby

The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire the fee simple interest of a +/- 77,136 SF retail center located at 4301 North Street, Nacogdoches, Texas. The center is 100% occupied by Hobby Lobby & Marshalls on long term NNN leases. 
Hobby Lobby has operated out of this location for over 26 years and recently executed a lease amendment extending the base lease term by 10 years, demonstrating their continued commitment to this location. Marshalls has executed a brand new 10-year lease commencing in October 2026. Both leases feature scheduled rental increases every 5 years, multiple renewal options, and minimal landlord responsibilities, providing investors superior risk adjusted yields, and protection against inflation. 
The property is ideally located along North Street (20,000 VPD) and is in close proximity to national retailers including Lowes, ALDI, Walmart, Atwoods, Harbor Freight, Spec’s, and many more.  Additionally, the property is less than 2 miles from Stephen F. Austin State University. The University, which has 13,000+ students enrolled and is ranked among the “Top 20 Best Public Universities in the West” by U.S. News & World Report, supports over 4,800 jobs and generates over $348 million in economic activity.

Available