1417 Hewitt Dr - Fast Food FOR SALE


Woodway, TX 76712
$2,495,000 USD
619-807-1518
1417 Hewitt Dr, Woodway, TX for Sale
$2,495,000 USD
Fast Food - FOR SALE
1/6
null | 5.64% Cap Rate

1417 Hewitt Dr
Woodway, TX 76712


HIGHLIGHTS

  • Established High Performing Location
  • Long Term Net Leased Investment
  • Prime Retail Corridor with Strong Traffic Drivers

OVERVIEW

This offering represents the opportunity to acquire a fee simple interest in a single tenant, net leased Wendy’s located in Waco, Texas. The property is operated by 916 Foods, a multi unit franchisee within the Wendy’s system, and represents an established, high performing location with a proven operating history. The investment is supported by approximately 12 plus years of remaining lease term with contractual rent increases, offering investors a predictable and growing income stream. The true triple net structure ensures minimal management requirements, making it well suited for passive investors and 1031 exchange buyers. The property is strategically located along Hewitt Drive with direct access to Interstate 35, a major regional thoroughfare. The immediate trade area is anchored by national retailers including H-E-B, Walmart, CVS Pharmacy, and Walgreens, supporting strong consumer draw and long term real estate fundamentals. The combination of an established, high performing location, long term leased income, and built in rent growth makes this an attractive, low management investment opportunity.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$1,031 USD /SF

CAP RATE

5.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C3

APN/PARCEL ID

36-150000-008128-7

ASK ABOUT THIS PROPERTY

Casey YoungIHA Partners, IncMore Info
619-807-1518

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Casey YoungIHA Partners, IncMore Info
619-807-1518

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.