621 N Valley Mills Dr | Waco, TX 76710
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621 N Valley Mills Dr
Waco, TX 76710
SCHLOTZSKY'S (VALLEY MILLS) - WACO, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
- Positioned in Main Retail Corridor (Retail Destination Location) for the City of Waco!
- Less than 5 Miles from Baylor University - a Private Research University Offering Various Degree Programs with 20,626 Students
- DMFH Restaurant Enterprises, LLC/Lotz of Bunz, LLC (the 3rd Largest Franchisee in the Schlotzsky’s System) Owns & Operates 25 Locations in 3 States!
- Positioned on a Large ±1.138-Acre Lot with Great Drive-By Visibility & Access on N Valley Mills Drive (Just Off the Hard Corner)
- Total Population (1-MI): 139,062 | Average Household Income (3-MI): $63,534
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,567 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.15 AC
Zoning
C - Commercial
Parking
52 Spaces (14.58 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 48-010198-000103-0 | Improvements Assessment | $832,950 |
| Land Assessment | $1,229,910 | Total Assessment | $2,062,860 |
PROPERTY TAXES
Parcel Number
48-010198-000103-0
Land Assessment
$1,229,910
Improvements Assessment
$832,950
Total Assessment
$2,062,860
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