13065 Gholson Rd, Waco, TX
NNN leased Dollar General store near Waco, Texas.
- Added:
- Sep 16, 2025
- Days on Market:
- 269
- Last Refresh:
- May 20 at 8:25 pm
Property Features for 13065 Gholson Rd
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Lot size
- 1.25 Acres
- Property subtype
- RETAIL
Listing agent Russell Smith
Listing office Secure Net Lease - Dallas (214) 522-7200
Listing date Sep 16, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease - Dallas
HighLights
- 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.
- Dollar General is a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. with Over 20,400 Stores.
- Waco, TX: High Job Growth Area, Home to Baylor University (20,824+ Students), Population: 148,292.
- Relatively New Construction: Built in 2019, 9,100+\/- SF Building on 1.24+\/- Acre Site.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $180.2k | $19.80 |
| − Vacancy | −$17.1k | −$1.88 |
| EGI | $163.1k | $17.92 |
| − OpEx | −$40.8k | −$4.48 |
| NOI | $122.3k | $13.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.2166
- Latitude
- 31.7016