Convenience Store NNN Ground
For Sale
Contact for pricing
4701 South 12th Saint Road, Waco, TX 76706
Hard-corner convenience store site with an absolute NNN lease commencing July 2, 2026 and 10% increases every five years.
Property Size4,853 SF
Price / SF$2,442
Days on Market55
Property Features for 4701 South 12th Saint Road
General Information
Standard status
Active
Size
4,853 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$592,675
Site & Location
Traffic Count
88,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Secure Net Lease
(713) 222-2111
Listed By:
Edward Benton · License #557247
Source:
Crexi
Added: Jul 7
Changed: Aug 16
Last Checked: Aug 28 at 11:27PM
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
Investment Insights
Based on property information with market context.
This convenience store property is offered on an absolute NNN lease structure with rent commencing July 2, 2026. The lease term is 15 years, with 10% rental increases every five years during both the primary term and option periods, plus four 5-year renewal options.
Located at the northeast corner of Loop 340 and 12th Street at 4701 South 12th Saint Road, Waco, the site is positioned right off Highway 6 (15,000+ VPD) and minutes from I-35 (88,000+ VPD). Ongoing improvements tied to the I-35 Waco South Project are expanding the corridor from six to eight lanes and improving frontage roads and interchanges between Loop 340 and 12th Street, supporting long-term access and connectivity.
The property is also near the Texas Central Park industrial hub, cited as home to Amazon, AbbVie, Howmet Aerospace, and Mars Wrigley, with remarks noting $2B+ in investment and 2,600+ jobs created since 2020. The remarks identify 7-Eleven as the operator, and state it is backed by an “A” credit rating from S&P.
Located at the northeast corner of Loop 340 and 12th Street at 4701 South 12th Saint Road, Waco, the site is positioned right off Highway 6 (15,000+ VPD) and minutes from I-35 (88,000+ VPD). Ongoing improvements tied to the I-35 Waco South Project are expanding the corridor from six to eight lanes and improving frontage roads and interchanges between Loop 340 and 12th Street, supporting long-term access and connectivity.
The property is also near the Texas Central Park industrial hub, cited as home to Amazon, AbbVie, Howmet Aerospace, and Mars Wrigley, with remarks noting $2B+ in investment and 2,600+ jobs created since 2020. The remarks identify 7-Eleven as the operator, and state it is backed by an “A” credit rating from S&P.
Key Highlights
- Year built 2026 for a hard‑corner convenience store site.
- Absolute NNN lease with rent commencement July 2, 2026.
- 15‑year lease term with 10% rental increases every 5 years in the primary term and option periods.
Property Analytics
Property Profile
Current Use
Lease Details
88,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
717
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Penske Truck Rental
Shops & Services
717 visits/mo
0.5 miles
Demographics for 76706, TX
39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Hard-corner convenience store site with an absolute NNN lease commencing July 2, 2026 and 10% increases every five years.
Where is this grocery and convenience store located?
The property is located at 4701 South 12th Saint Road Waco, TX.
What is the asking price?
The asking price for this property is $11,853,500.
What are key features of this property?
This property features: Year built 2026 for a hard‑corner convenience store site.; Absolute NNN lease with rent commencement July 2, 2026.; 15‑year lease term with 10% rental increases every 5 years in the primary term and option periods.
