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Investment Highlights
- With proximity to Baylor University and the Magnolia Market Silos, Wendy’s benefits from a heavily trafficked retail corridor close to Interstate 35.
- Neighboring properties include Torchy’s Tacos, CAVA, Taco Bell, CVS, In-N-Out Burger, and Chipotle.
Executive Summary
CBRE is pleased to offer for sale Wendy's in Waco, Texas. The property is an absolute NNN Single-Tenant investment property with 11 years, 8 months left on the initial term and three 5-year options. It is located on a large pad site of 0.98 acres and was recently remodeled by the tenant in 2024.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,697 SF
Building Class
C
Year Built/Renovated
2006/2024
Price
$1,775,000
Price Per SF
$480.12
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.98 AC
Zoning
C2
Frontage
142’ on S 5th St
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-040145-000101-0 | Improvements Assessment | $1,021,870 |
| Land Assessment | $928,130 | Total Assessment | $1,950,000 |
Property Taxes
Parcel Number
48-040145-000101-0
Land Assessment
$928,130
Improvements Assessment
$1,021,870
Total Assessment
$1,950,000
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Wendy's | 811 S 5th St
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