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MOD Pizza 1015 S Jack Kultgen Expy 3,072 SF Retail Building Waco, TX 76706 $2,042,000 ($664.71/SF) 5.75% Cap Rate
Executive Summary
8+ Years Remaining, Corporate Lease – Allows an investor the opportunity to acquire a net lease asset with limited responsibilities and 10% rental increases every 5 years and in option periods
Strong Performing Store, Ranks in the Top 25% Nationally Across All MOD Pizza Locations for Visitor Counts – (Source: Placer.ai)
Strong Corporate Guarantee – MOD Pizza is owned by Elite Restaurant Group and has over 485 locations in 28 states and more than 12,000 employees
Located Directly Off I-35 in Downtown Waco – Site features excellent highway access and visibility boasting over 136,000 vehicles per day (Source: CoStar Analytics)
Property Facts
Amenities
- Freeway Visibility
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
- -
- -
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Jan 0000
MOD Pizza is a fast-casual pizza restaurant brand founded in 2008 in the Seattle area. The company specializes in individually sized pizzas and salads that can be customized with a wide selection of toppings for a fixed price. MOD operates as a privately held organization and focuses on a build-your-own service model that emphasizes quick preparation and consistent menu options. Over the years, the company has expanded its footprint across multiple U.S. markets while maintaining a standardized ordering format. The brand has also been recognized for its community-oriented approach, incorporating charitable activities and local engagement into its ongoing operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-009314-000600-0 | Improvements Assessment | $905,290 |
| Land Assessment | $1,442,710 | Total Assessment | $2,348,000 |
Property Taxes
Presented by
MOD Pizza | 1015 S Jack Kultgen Expy
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