5050 W Waco Dr - Freestanding FOR SALE
Waco, TX 76710 |
$16,161,035 USD
214-972-6688
5050 W Waco Dr
Waco, TX 76710
HIGHLIGHTS
- High-Yield Opportunity at 8.50% Cap for Premium Central Texas Real Estate
- Sky Zone and Kart Start Karting Both Signed New 10-Year Triple Net (NNN) Leases
- Building and Parking Lot in Excellent Condition, With All 150 Tons of HVAC Newly Installed in 2021
- Anchor Tenant, Sky Zone, is a Premier Entertainment Venue With 270+ Locations Across the United States.
- High Traffic Location With W Waco Drive Seeing Over 35,000 VPD and Franklin Ave Seeing Over 18,000 VPD
FOR SALE DETAILS
PRICE
$16,161,035 USD
PRICE/SF
$212 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sky Zone 2 Tenant Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
403
LAND DETAILS
LAND ACRES
5.36 AC
LAND SF
233,482 SF
ZONING
C3 Commercial
APN/PARCEL ID
48-008411-000200-5
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214-972-6688
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214-972-6688
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