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Retail Investment Opportunity 2609 S Jack Kultgen Expy 4,036 SF 100% Leased Retail Building Waco, TX 76711 $2,675,000 ($662.78/SF) 5.17% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Financials Available Upon Request
  • Tikk House Indian Cuisine Lease in Effect Through 2031
  • Starbucks Lease in Effect Through 2033
  • $500K of Recent Improvements in Starbucks Suite

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,036 SF
Building Class
B
Year Built
2015
Price
$2,675,000
Price Per SF
$662.78
Cap Rate
5.17%
NOI
$138,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.68 AC
Zoning
C-3 - General Commercial District
Parking
31 Spaces (7.68 Spaces per 1,000 SF Leased)
Frontage
210’ on S Jack Kultgen Expressway

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Texas Roadhouse
Starbucks
Rudy's BBQ
Bubba's 33
Chili's Grill & Bar
Taco Casa
H-E-B
Herc Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-027059-000500-0
Land Assessment
$1,130,658
Improvements Assessment
$619,342
Total Assessment
$1,750,000
  • Listing ID: 31159845

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 2609 S Jack Kultgen Expy, Waco, TX 76711

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