3200 Bellmead Dr - Retail FOR SALE


Waco, TX 76705
$825,000 USD
702-826-8263
3200 Bellmead Dr, Waco, TX for Sale
$825,000 USD
Retail - FOR SALE
1/2
null | 6.97% Cap Rate

3200 Bellmead Dr
Waco, TX 76705


HIGHLIGHTS

  • Tenant: Bellmead Kids Dentistry // OrthoDent Management, LLC (DSO; ~10 locations; HQ Austin; 13 years in business)
  • 10-year NNN lease commencing at Close of Escrow
  • ±2,397 SF single-tenant dental clinic on ±0.37 acres
  • Near I-35 / Loop 340 + strong national retail co-tenancy
  • Trade area growth: 5-mile pop 96,570 (2024) ? 103,177 (2029 projected)

OVERVIEW

Mohr Partners, Inc. is pleased to present 3200 Bellmead Dr, Bellmead (Waco), TX 76705, a ±2,397 SF single-tenant dental clinic situated on ±0.37 acres with 19 surface parking spaces (˜7.9/1,000 SF). The building features a turnkey dental build-out including operatories, sterilization, imaging, reception, and staff areas in a highly accessible, drive-up outpatient format. The property is leased to OrthoDent Management, LLC (Dental Support Organization; ~10 locations; HQ Austin) on a 10-year NNN lease commencing at Close of Escrow, with 3.0% annual rent increases and two (2) five-year options, delivering durable income growth and long-term tenancy optionality. Positioned along Bellmead Dr with quick connectivity to I-35 and Loop 340, the asset benefits from daily-needs traffic and proximity to national retailers including Walmart Supercenter, Sam’s Club, H-E-B Plus!, The Home Depot, Chick-fil-A, Whataburger, McDonald’s and more. The surrounding trade area supports outpatient demand with 5-mile population of 96,570 (2024) and 103,177 projected by 2029.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$391 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

Commercial

APN/PARCEL ID

28-003500-001103-0

ASK ABOUT THIS PROPERTY

Brandon HiettMohr Partners, Inc.More Info
702-826-8263

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Brandon HiettMohr Partners, Inc.More Info
702-826-8263

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