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    13065 Gholson Rd Waco, TX 76705

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    For Sale
    $1,449,000

    NNN leased Dollar General store near Waco, Texas.

    Property size:
    9,100 SF
    Lot size:
    1.25 Acres

    Property Features for 13065 Gholson Rd

    General Information

    Size
    9,100 SF
    Lot size
    1.25 Acres

    Source: Secure Net Lease - Dallas Agent Russell Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newer Dollar General Investment Property

    Constructed in 2019, this property features a 9,100 square foot building situated on a 1.24 acre site. The property is located 10 miles northwest of Downtown Waco, Texas, along a main thoroughfare that connects to Interstate 35, which sees over 79,000 vehicles per day. The area has limited competition, with this Dollar General being one of only two grocery options in the immediate vicinity. The corporate absolute NNN lease has over 8 years remaining, with three 5-year options to renew, each including 10% rental increases. Waco is home to Baylor University with over 20,000 students and a population of over 148,000. Dollar General is a Fortune 500 company and one of the largest discount retailers in the U.S., operating over 20,400 stores across 47 states. Waco consistently ranks in the top 10 for highest job growth in Texas.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grady's Grub American Restaurant FedEx OnSite Mailing Service Western Union Money Transfer Service Dollar General Dollar Store

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Food Market Grocery Store Discount Store Electronics Store Convenience Store Arcade & Gaming Center Toy Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.2165576
    Latitude
    31.701575

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General store near Waco, Texas.
    Where is this grocery and convenience store located?
    The property is located at 13065 Gholson Rd Waco, TX.
    What is the asking price?
    The asking price for this property is $1,449,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease with 8+ Years Remaining and (3) 5-Year Options to Renew, including 10% Rental Increases in Option Periods.; - Located 10 miles Northwest of Downtown Waco, TX, on a Main Thoroughfare with High Traffic Volume (79k+ VPD) Connecting to I-35.; - Limited Competition: One of Only Two Grocery Options in the Immediate Area.
    (214) 522-7200
    Request Owner's contact information
    13065 Gholson Rd Waco, TX 76705
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    Waco, TX 76705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13065 Gholson Rd Waco, TX 76705
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