100 S New Rd - Freestanding FOR SALE


Waco, TX 76710
$3,130,000 USD
254-741-1500
100 S New Rd, Waco, TX for Sale
$3,130,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

100 S New Rd
Waco, TX 76710


HIGHLIGHTS

  • Highly visible on well-established high-traffic corner - TxDot AADT 2024 29,817 (S New Rd) & 23,192 (Franklin Ave)
  • Nearby retailers include: Walmart, Chick-fil-A, Roas’s, McDonald’s, Academy, Lowe’s, Longhorn Steakhouse, and more!

OVERVIEW

- Title Max recently extended NNN lease for an additional 10 years with current annual rent at $90,804 - 7 Brew new 10-year NNN lease will commence soon with annual rent starting at $100,000 (Included in Stabilized NOI and Stabilized Cap Rate above) - Value-Add Opportunity - 2,869 Sf vacancy in the building valued at a discounted rent of $10/sf/yr NNN (Included in Stabilized NOI and Stabilized Cap Rate above).

FOR SALE DETAILS

PRICE

$3,130,000 USD

PRICE/SF

$541 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

C3

APN/PARCEL ID

48-039900-000800-0

ASK ABOUT THIS PROPERTY

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254-741-1500

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254-741-1500

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