Leased Restaurant with Absolute
5929 W Waco Dr Waco, TX 76710
5929 W Waco Dr, Waco, TX, 76710
$4,700,000
For Sale
$4,700,000
A 2012-built, leased restaurant on an absolute-net structure with BJ's Restaurants operating since 2012.
Property Size8,500 SF
Lot Size2.20 Acres
Price / SF$552.94
Days on Market111
Property Features for 5929 W Waco Dr
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 2.20 Acres
- Property subtype
- Restaurant
Listing agency
Orange County Office
(949) 419-3200
Listed by
Peter Deltondo · License #CA: 01797033
(949) 419-3200
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 22 at 12:10PM Checked: Jul 22 at 12:10PM
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Investment Insights
Based on property information with market context.
This leased restaurant property was built in 2012 and sits on a 2.2-acre parcel. The lease is structured on an absolute-net basis with no maintenance, taxes, or insurance obligations, and BJ’s Restaurants, Inc. has operated at the location since 2012.
The property fronts W Waco Dr, with stated traffic of 52,628 VPD, and is adjacent to a prominent retail area. Nearby retailers called out in the remarks include Dick’s, Dillard’s, H&M, Red Lobster, Olive Garden, and Walmart Supercenter.
The offering is presented as a passive investment backed by BJ’s Restaurants, Inc. The remarks also cite a rent-to-sales ratio under 6.0%.
The property fronts W Waco Dr, with stated traffic of 52,628 VPD, and is adjacent to a prominent retail area. Nearby retailers called out in the remarks include Dick’s, Dillard’s, H&M, Red Lobster, Olive Garden, and Walmart Supercenter.
The offering is presented as a passive investment backed by BJ’s Restaurants, Inc. The remarks also cite a rent-to-sales ratio under 6.0%.
Key Highlights
- 2012‑built leased restaurant on a 2.2‑acre parcel fronting W Waco Dr (52,628 VPD)
- Lease structured on an absolute‑net basis with no maintenance, taxes, or insurance obligations stated
- BJ’s Restaurants has operated this location since 2012
Property Analytics
Location Intelligence
Current Use by Public Records
BJ's Restaurant & Brewhouse
Restaurant
American Plaza
Shopping Center & Mall
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - A 2012-built, leased restaurant on an absolute-net structure with BJ's Restaurants operating since 2012.
Where is this conventional restaurant located?
The property is located at 5929 W Waco Dr Waco, TX.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: 2012‑built leased restaurant on a 2.2‑acre parcel fronting W Waco Dr (52,628 VPD); Lease structured on an absolute‑net basis with no maintenance, taxes, or insurance obligations stated; BJ’s Restaurants has operated this location since 2012