974 N Loop 340 - Retail FOR SALE


Waco, TX 76705
$1,375,000 USD
925-380-9006
974 N Loop 340, Waco, TX for Sale
$1,375,000 USD
Retail - FOR SALE
1/1
null | 6% Cap Rate

974 N Loop 340
Waco, TX 76705


HIGHLIGHTS

  • 15-Year Absolute NNN Ground Lease
  • Subject Property is Located on North Loop 340 (22.929+ VPD), Directly off of Interstate 35 (112,449+ VPD)
  • This Location is 3 Miles from Baylor University, Located in Waco (20,626 students & 1,385 Staff) that has 12 Nationally Recognized Academic Divisions.
  • High Performing And High Growth Retail Corridor With National Tenants.
  • Waco Is the Midpoint Between Dallas and Austin and is Considered “The Heart Of Texas”.
  • 7 Brew’s Unique Business Model Centers Solely on Drive-thru Business, with no interior sitdown space in their compact 500-square-foot stands.

OVERVIEW

AiCRE Partners is pleased to offer the opportunity to acquire the fee simple interest in the 7Brew Coffee located at 974 N Loop 340 in Waco, Texas. Built in 2024, the ±510 SF freestanding coffee shop sits on a 0.27 acre parcel and is operated under an absolute NNN ground lease. 7 Brew Coffee is a rapidly expanding regional brand in the specialty coffee and fast-casual beverage space, known for its high-quality coffee, espresso drinks, and quick-service convenience. The concept continues to gain traction in Texas and surrounding markets, offering investors an opportunity to participate in a growing segment of the QSR and coffee shop industry. The property is strategically located along Loop 340, a major arterial roadway in Waco, with excellent visibility. It benefits from proximity to high-traffic retail centers, restaurants, and commercial nodes, attracting strong daytime and commuter traffic. The surrounding trade area features diverse demographics, with average household incomes of just under $60,000 within five miles, supporting consistent consumer demand. As Waco continues to experience population and economic growth—anchored by Baylor University, regional healthcare centers, and expanding retail corridors—this 7 Brew Coffee location offers investors a compelling combination of a high-performing tenant, prominent visibility, and long-term market fundamentals.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$2,696 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

28-057800-002200-0

ASK ABOUT THIS PROPERTY

925-380-9006

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925-380-9006

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