5100 Franklin Ave | Waco, TX 76710
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- LoopNet Team
5100 Franklin Ave
Waco, TX 76710
Mixed-Use Retail - Income Producing · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 7.5% CAP RATE
- 8.3% Pro-Forma CAP RATE
- 54,000 sf building / 225 parking spaces
- Value-Add Potential
- Long-term leases in place
- 19,590 AADT (TxDOT 2019)
PROPERTY FACTS
Property Type
Building Size
53,939 SF
Building Class
A
Year Built
1955
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.26
Lot Size
4.74 AC
Zoning
M-2
Parking
225 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
450’ on Franklin Ave
AMENITIES
- Fenced Lot
- Mezzanine
- Security System
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,381,560 | |
| Land Assessment | $815,640 | Total Assessment | $5,197,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$815,640
Improvements Assessment
$4,381,560
Total Assessment
$5,197,200
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