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1500 S 18th St
Waco, TX 76706
Golden Chick · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 18 Year Sale Leaseback With Zero Landlord Responsibilities
  • Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
  • 2021 Remodel Showing Long Term Commitment to Site
  • Leases Are Coterminous With Tenant's Franchise Agreements
  • Strong 15-Unit Guaranty From a Veteran Operator
  • Healthy Rent at $20.84/SF

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,300 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.54 AC
Zoning
C-2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-022500-021301-1
Land Assessment
$585,900
Improvements Assessment
$386,900
Total Assessment
$972,800
  • Listing ID: 25918090

  • Date on Market: 6/13/2022

  • Last Updated:

  • Address: 1500 S 18th St, Waco, TX 76706

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