3200 Bellmead Dr 2,397 SF 100% Leased Retail Building Waco, TX 76705 $825,000 ($344.18/SF) 6.97% Cap Rate

Mohr Partners, Inc. is pleased to present 3200 Bellmead Dr, Bellmead (Waco), TX 76705, a ±2,397 SF single-tenant dental clinic situated on ±0.37 acres with 19 surface parking spaces (˜7.9/1,000 SF). The building features a turnkey dental build-out including operatories, sterilization, imaging, reception, and staff areas in a highly accessible, drive-up outpatient format.
The property is leased to OrthoDent Management, LLC (Dental Support Organization; ~10 locations; HQ Austin) on a 10-year NNN lease commencing at Close of Escrow, with 3.0% annual rent increases and two (2) five-year options, delivering durable income growth and long-term tenancy optionality.
Positioned along Bellmead Dr with quick connectivity to I-35 and Loop 340, the asset benefits from daily-needs traffic and proximity to national retailers including Walmart Supercenter, Sam’s Club, H-E-B Plus!, The Home Depot, Chick-fil-A, Whataburger, McDonald’s and more. The surrounding trade area supports outpatient demand with 5-mile population of 96,570 (2024) and 103,177 projected by 2029.