1703 S 18th St | Waco, TX 76706
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- LoopNet Team
1703 S 18th St
Waco, TX 76706
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-year corporate net lease to Starbucks Corporation
- Investment grade tenant, rated “BBB+” by Standard & Poor’s
- Minutes from McLane Stadium (313,102 attendees in 2021), located on the Brazos River
- 10% fixed rental increases every five years in the initial term
- Closest drive-thru Starbucks to Baylor University, a 1,000-acre college campus with over 20,626 students and 3,253 employees
- Well-Positioned in Waco MSA with an Estimated Population of 280,428 in 2021
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,089 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.31 AC
Zoning
C-2 - Community Commercial
Parking
26 Spaces (12.45 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 48-021930-000101-0 | Improvements Assessment | $732,410 |
| Land Assessment | $1,020,390 | Total Assessment | $1,752,800 |
PROPERTY TAXES
Parcel Number
48-021930-000101-0
Land Assessment
$1,020,390
Improvements Assessment
$732,410
Total Assessment
$1,752,800
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