Convenience Store NNN Ground Lease

4701 South 12th Saint Road Waco, TX 76706

Claim this Listing
New
For Sale
Contact for pricing

Hard-corner convenience store site with an absolute NNN lease commencing July 2, 2026 and 10% increases every five years.

Type:Retail
Property size:
4,853 SF
Price / SF:
$2,442/SF
Added:
Jul 7, 2026
Days on Market:
4
Last Refresh:
Jul 9 at 2:24 am

Property Features for 4701 South 12th Saint Road

General Information

Standard status
Active
Size
4,853 SF
Property subtype
Retail

Building Details

Year Built
2026

Listing office Secure Net Lease

Listing date Jul 7, 2026

Source Crexi

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.

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

Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Real Estate Agency Auto Parts Store Building Supply Plumbing Service Auto Repair Shop Hair Salon Nail Salon Restaurant Veterinary Clinic Grocery & Convenience Store

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

Similar Off Market Nearby

  • Buzzbees Feed 1701 TX-340 Loop, Waco, TX 76706

FAQs

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message