1820 S Valley Mills Dr | Waco, TX 76711
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1820 S Valley Mills Dr
Waco, TX 76711
Verizon (Dark) · Retail Property For Sale
Investment Highlights
- Verizon is under a 10-year NN lease, with minimal landlord responsibilities, and is obligated to pay rent through its expiration in March 2027.
- With frontage along S Valley Mills Drive and a custom pylon sign, the Property bene?ts from superior exposure and access to nearly 144,000 VPD.
- The Property is located less than 2 miles from Baylor University, which had a total enrollment of 20,970 students in Fall 2022.
- The Property offers investors a stable in-place cash flow, while also providing the opportunity to bolster income/returns through future re-tenanting.
- Located across from HEB plus!, a $20 million regional grocery destination that receives 3 million visits each year and is ranked #4 out of 302 HEBs.
- Robust Local Economy | $1B+ in Planned Investments. As of June 2023, Waco added 4,000 jobs Y-O-Y, and spending/building permits totaled $133M in April
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.89 AC
Parking
36 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
184’ on Valley Mills Dr
Property Taxes
| Parcel Number | 48-027059-001000-0 | Improvements Assessment | $601,560 |
| Land Assessment | $1,213,660 | Total Assessment | $1,815,220 |
Property Taxes
Parcel Number
48-027059-001000-0
Land Assessment
$1,213,660
Improvements Assessment
$601,560
Total Assessment
$1,815,220
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