Retail Space for
2805 W Loop 340 Waco, TX 76712
For Sale
Contact for pricing
For-sale retail building offering substantial indoor space for a new tenant or owner-operator.
Property Size8,000 SF
Price / SF$325
Days on Market44
Property Features for 2805 W Loop 340
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2012
Listed By:
Gloria Nieto · License #775355
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 23 at 2:40PM
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 Gloria Nieto
Investment Insights
Based on property information with market context.
This offering is a retail property presented for sale as a single asset totaling 8,000 square feet of commercial space. The property is categorized as retail, making it suitable for businesses seeking an established commercial building format rather than a smaller footprint.
Located at 2805 W Loop 340 in Waco, Texas 76712, the property is positioned along a major loop roadway. Prospective buyers and tenants can evaluate the building as an option for retail use in the Waco market, with access and site review recommended based on the specific operating requirements of the intended concept.
As a retail space for sale, the building may appeal to operators looking to secure dedicated commercial real estate for their business, or to investors evaluating a retail asset within the 8,000-square-foot range. Any final determination on tenant fit, layout suitability, and use specifics should be confirmed through property tours and due diligence, including review of the building’s interior configuration and any applicable requirements for retail occupancy.
Located at 2805 W Loop 340 in Waco, Texas 76712, the property is positioned along a major loop roadway. Prospective buyers and tenants can evaluate the building as an option for retail use in the Waco market, with access and site review recommended based on the specific operating requirements of the intended concept.
As a retail space for sale, the building may appeal to operators looking to secure dedicated commercial real estate for their business, or to investors evaluating a retail asset within the 8,000-square-foot range. Any final determination on tenant fit, layout suitability, and use specifics should be confirmed through property tours and due diligence, including review of the building’s interior configuration and any applicable requirements for retail occupancy.
Key Highlights
- Retail building built in 2012
- Approximately 8,000 SqFt of indoor retail space
Financial Insights For 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 | $148.8k | $18.60 |
| − Vacancy | −$15.6k | −$1.95 |
| EGI | $133.2k | $16.65 |
| − OpEx | −$40.0k | −$4.99 |
| NOI | $93.2k | $11.65 |
8,000 SF · lease $18.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.33M
$1.17M – $1.55M
NOI $93,223 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,744 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Los Cucos Mexican ...
Restaurant
Heitmiller Steakhouse
Restaurant
FAQs
What type of property is this?
Retail space - For-sale retail building offering substantial indoor space for a new tenant or owner-operator.
Where is this retail space located?
The property is located at 2805 W Loop 340 Waco, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Retail building built in 2012; Approximately 8,000 SqFt of indoor retail space
