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711-715 Lake Air Dr
Waco, TX 76710
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- • High visibility retail center with great signage
- • Conveniently located between Waco Dr and Valley Mills Dr
- • Ample parking
EXECUTIVE SUMMARY
Owner User or Investment Opportunity with 96+ feet of Lake Air frontage.
This Lake Air Retail Center is located between Valley Mills Drive and West Waco Drive in a proven area of strong retail demand. With 5,625+/ SF of space, this Retail Center currently has three store fronts and is ready for an owner-user or investor!
With store front and pylon signage, it has high visibility along Lake Air Drive, just past the lighted intersection at Sanger Avenue.
This Lake Air Retail Center is located between Valley Mills Drive and West Waco Drive in a proven area of strong retail demand. With 5,625+/ SF of space, this Retail Center currently has three store fronts and is ready for an owner-user or investor!
With store front and pylon signage, it has high visibility along Lake Air Drive, just past the lighted intersection at Sanger Avenue.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,625 SF
Building Class
C
Year Built
1972
Price
$649,000
Price Per SF
$115.38
Percent Leased
44%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.51 AC
Zoning
C-3 - General Commercial District
Parking
30 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
98’ on Lake Air Dr
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 48-043806-000600-0 | Improvements Assessment | $586,940 |
| Land Assessment | $127,220 | Total Assessment | $714,160 |
PROPERTY TAXES
Parcel Number
48-043806-000600-0
Land Assessment
$127,220
Improvements Assessment
$586,940
Total Assessment
$714,160
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