Listing Agency: Coldwell Banker Commercial Apex, Realtors g***@cromwellcommercialgroup.com Show Phone

Listed By: Gregg Glime · License #0620081 Show Phone

Source: Cbcworldwide

Added: Apr 8 Changed: Jul 10 Last Checked: Apr 8 at 8:42PM

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Investment Insights

Based on property information with market context.

This investment opportunity features a single-tenant industrial property fully leased to Hydradyne, a nationally recognized distributor of fluid power and motion control products. Hydradyne is backed by parent company Applied Industrial Technologies (NYSE: AIT). The property offers stable, below-market rent and is supported by an established tenant with a strong operational presence.

Key Highlights

• Single‑tenant industrial property.
• Fully leased to Hydradyne, a nationally recognized distributor.
• Tenant backed by parent company Applied Industrial Technologies (NYSE: AIT).

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

457

Businesses Nearby

Explore this area Business Placement

Demographics for 76711, TX

9,806

Population

4,143

Households

2.4

Avg Household Size

33

Median Age

17%

College-Educated

78%

High-School Grad

4.0 sq mi

ZIP Area

2,452

Density / Sq Mi

$52,617

Median Household Income

$33,989

Median Earnings

$1,314

Median Rent

$112,600

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property fully leased to Hydradyne, a national distributor.

Where is this industrial property located?

The property is located at 2901-2909 Speight Ave Waco, TX.

What are key features of this property?

This property features: Single‑tenant industrial property.; Fully leased to Hydradyne, a nationally recognized distributor.; Tenant backed by parent company Applied Industrial Technologies (NYSE: AIT).