2000 La Salle Ave | Waco, TX 76706
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- LoopNet Team
2000 La Salle Ave
Waco, TX 76706
Bottling Group, LLC | PepsiCo · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Recently Renovated – In 2016, current ownership invested $1.6M into renovations.
- Strategically Located – The property is located in a highly visible, well trafficked location, just minutes from I-35 with over 135,000 VPD
- Credit-Worthy Tenant – Bottling Group LLC is responsible for manufacturing and distribution of Pepsi Beverages globally.
- Passive Lease – Bottling Group, LLC / PepsiCo is a long-term tenant who has occupied this site since 1956.
- High-Yield Investment – The property has immediate cash flow from a strong in-place tenant with a cap rate of 7.5%
- Bottling Group employees almost 70,000 people and most recently did $13.2 Billion in annual revenue.
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1955/2016 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.85 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 24,865 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | M-2 | ||
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 3.85 AC |
| Rentable Building Area | 24,865 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2016 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-2 |
PROPERTY TAXES
| Parcel Number | 48-029700-002200-7 | Improvements Assessment | $1,135,790 |
| Land Assessment | $1,339,210 | Total Assessment | $2,475,000 |
PROPERTY TAXES
Parcel Number
48-029700-002200-7
Land Assessment
$1,339,210
Improvements Assessment
$1,135,790
Total Assessment
$2,475,000
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