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2609 S Jack Kultgen Expy, Waco, TX 76711

Commercial retail investment opportunity with high visibility and accessibility.

Property Size4,036 SF
Price / SF$569.87
Days on Market926

Property Features for 2609 S Jack Kultgen Expy

General Information

Standard status Active
Size 4,036 SF
Class A
Property subtype Retail
Zoning C-3: General Commercial District
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 2015
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Onward Real Estate Team - Keller Williams
Listed By: Brad Harrell · License #TX 363789
Source: Crexi
Added: Mar 8, 2024 Changed: Sep 10 Last Checked: Sep 19 at 6:24AM

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 Onward Real Estate Team - Keller Williams

Investment Insights

Based on property information with market context.

This commercial retail property offers a versatile investment opportunity with high visibility and accessibility. The property has a total improvement area of 4,036 square feet. Suite 1 is leased to Starbucks with a lease in effect through 2033, with extension options available. Suite 2 is leased to Tikka House Indian Eatery with a lease in effect through 2031, also with extension options. The Starbucks suite has seen $500,000 of recent improvements. The property is located within the C-3 General Commercial District, offering convenience and accessibility to residents and commuters along Interstate Highway 35. The location provides ample parking and impressive traffic counts. The property benefits from its proximity to Interstate Highway 35, experiencing traffic counts of over 120,400 vehicles passing daily. Additionally, S Jack Kultgen Expy records more than 3,400 vehicles per day (TxDOT 2022).

Key Highlights

  • Starbucks lease in effect through 2033 with extension options.
  • Tikka House Indian Eatery lease in effect through 2031 with extension options.
  • $500K of recent improvements in the Starbucks suite.**

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby
152k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 27% Groceries 14% Home Improvements & Furnishings 5%
QuikTrip Shops & Services
72,269 visits/mo 0.2 miles
Spec's Groceries
20,695 visits/mo 0.4 miles
IHOP Dining
18,425 visits/mo 0.1 miles
Black Bear Diner Dining
15,590 visits/mo 0.5 miles
Burger King Dining
6,959 visits/mo 0.2 miles

Demographics for 76711, TX

9,806
Population
4,143
Households
2.4
Avg Household Size
33
Median Age
17%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
2,452
Density / Sq Mi
$52,617
Median Household Income
$33,989
Median Earnings
$1,314
Median Rent
$112,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial retail investment opportunity with high visibility and accessibility.
Where is this retail space located?
The property is located at 2609 S Jack Kultgen Expy Waco, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Starbucks lease in effect through 2033 with extension options.; Tikka House Indian Eatery lease in effect through 2031 with extension options.; $500K of recent improvements in the Starbucks suite.**
(254) 717-9306 Call to check price and availability
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