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Investment Highlights

  • Excellent Access and Visibility off IH-35
  • Excellent Tenant with good Fundamentals

Executive Summary

Prime STNL opportunity on I-35.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
3,464 SF
Year Built/Renovated
2015/2025
Price
$3,650,000
Price Per SF
$1,053.70
Cap Rate
6.58%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.49 AC
Zoning
C-3 - C-3 General Commercial
Frontage
225’ on IH 35

Nearby Major Retailers

Starbucks
MOD Pizza
Freddy's Frozen Custard & Steakburgers
Hawaiian Bros Island Grill
Rudy's BBQ
Bubba's 33
Steak ‘n Shake
Fazoli's
H-E-B
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
48-001000-013806-3
Land Assessment
$759,480
Improvements Assessment
$790,520
Total Assessment
$1,550,000
  • Listing ID: 39818147

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 1524 IH-35, Waco, TX 76706

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