3000 Speight Ave - Fast Food FOR SALE


Waco, TX 76711
$3,125,000 USD
404-934-5558
3000 Speight Ave, Waco, TX for Sale
$3,125,000 USD
Fast Food - FOR SALE
1/5
null | 4% Cap Rate

3000 Speight Ave
Waco, TX 76711


HIGHLIGHTS

  • Brand new 20-year ground lease with 10% bumps every 5 years
  • Hard signalized corner on large 1.58-acre parcel | McDonald's opened this location in May 2025
  • 5-min drive to Baylor University (20,000+ students)
  • Adjacent to #3 most visited grocer nationwide with 3.6M visits (H-E-B)
  • Immediate access to Interstate 35 and close proximity to Downtown Waco, TSTC and McLennan Community College
  • Less than 10 minutes to Ascension Providence Hospital, Baylor Scott & White Medical Center - Hillcrest and VAMC Waco

OVERVIEW

TSCG is pleased to offer for sale a brand new 20-year McDonald's ground lease two miles south of Baylor University (20,000+ students) in Waco, TX. The Property is situated on a large 1.58-acre parcel at the signalized intersection of Speight Ave and S Valley Mills Rd. Adjacent to McDonald’s is an H-E-B that ranks as the 3rd most visited grocery store in the US (3.6M visits). Waco is a strong college town along Interstate 35 equidistant to Dallas and Austin. I-35 is conveniently located two blocks east of the property, providing easy access to Baylor University, TSTC, Downtown Waco and more. BROKER OF RECORD: Steve Lieberman | The Retail Connection, L.P. | License #9006485

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$851 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's Near Baylor University - Waco, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

-

APN/PARCEL ID

48-006501-050200-4

ASK ABOUT THIS PROPERTY

404-934-5558

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404-934-5558

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