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- LoopNet Team
325 Depot Dr
Waco, TX 76712
Hogan Dedicated Systems · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- E-Commerce Aligned
- Strategic Location for Trucking Industry
- Tax-Free State
- New Passive Lease with Increasing Yield
- Immediate Access to I-35 in Growing Metro
- New Construction
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 1,000 SF |
| Property Subtype | Truck Terminal | No. Stories | 1 |
| Building Class | C | Year Built | 2018 |
| Lot Size | 3.97 AC |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 3.97 AC |
| Rentable Building Area | 1,000 SF |
| No. Stories | 1 |
| Year Built | 2018 |
ABOUT 325 DEPOT DR , WACO, TX 76712
The Property consists of 3.97 acres of land, with almost 3.3 acres being paved, and a 1,000-square-foot office building that was built to the exact specifications of the Tenant’s design and building standards. The Property includes a fully enclosed, fenced yard with 220 paved truck parking spots. The Tenant recently completed construction and strategically selected this site in the center of Texas to be a storage and loading/unloading location for its fleet of trucks. The initial term of the lease is for seven (7) years and the expense structure is a highly passive net lease that is very Landlord-friendly, limited to roof and structure. The lease also provides for rental increases in the amount of ten percent (10%) at each of the two (2) options. The Tenant, Hogan Dedicated Services LLC, is a privately held trucking and logistics company founded in 1918. Headquartered in St. Louis, MO, Hogan proudly services many globally recognized brands including Dollar General, Coca-Cola, GM, Walmart, Walgreens, P&G, and FedEx. In Association With: Toby Scrivner - TX Lic #452773
PROPERTY TAXES
| Parcel Number | 36-010804-000439-0 | Improvements Assessment | $918,320 |
| Land Assessment | $778,000 | Total Assessment | $1,696,320 |
PROPERTY TAXES
