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974 N Loop 340
Waco, TX 76705

$1,375,000 USD

General Retail For Sale  •  510 SF

Property Details

  • Property Type General Retail
  • Total Building Size 510 SF
  • Lot Size 0.27 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
47 Walk Score

Highlights

Extremely Low Rent-to-Sales Ratio at 3.3%. 15-Year Absolute NNN Ground Lease
Subject Property is Located on North Loop 340 (22.929+ VPD), Directly off of Interstate 35 (112,449+ VPD)
This Location is 3 Miles from Baylor University, Located in Waco (20,626 students & 1,385 Staff) that has 12 Nationally Recognized Academic Divisions.
High Performing And High Growth Retail Corridor With National Tenants.
Waco Is the Midpoint Between Dallas and Austin and is Considered “The Heart Of Texas”.
7 Brew’s Unique Business Model Centers Solely on Drive-thru Business, with no interior sitdown space in their compact 500-square-foot stands.
Cap Rate: 6.00 %

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Waco Regional 19 min - 9.2 mi
Matt Hagar, SIOR, MSRE, CCIM 925-380-9006 AiCRE Partners
Matt Hagar, SIOR, MSRE, CCIM 925-380-9006 AiCRE Partners