Waco Retail Investment Opportunity

4533 W Waco Dr, Waco, TX 76710

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For Sale

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Fully leased two-tenant NNN investment property in Waco, Texas.

Type:Retail

Property size:

21,800 SF

Price / SF:

$107/SF

HighLights

Fully leased NNN investment property
Long‑term lease in place with 254 Craft Mall (expires October 31, 2030)
Seller to sign a new 5‑year lease at closing for their occupied portion
Located in the heart of Waco, Texas
Potential for further development on unused land
Two‑tenant property

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Listing Contact

Michael Taylor

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For Sale

Contact for pricing

Fully leased two-tenant NNN investment property in Waco, Texas.

Type:Retail

Property size:

21,800 SF

Price / SF:

$107/SF

Added:: Oct 30, 2024
Days on Market:: 588
Last Refresh:: May 13 at 8:17 pm

Property Features for 4533 W Waco Dr

General Information

Standard status: Active
Size: 21,800 SF
Property subtype: Retail

We can help!

Listing Contact

Michael Taylor

Listing agent Michael Taylor License #TX

Listing office Kelly Commercial

Listing date Oct 30, 2024

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 Kelly Commercial

HighLights

Fully leased NNN investment property
Long‑term lease in place with 254 Craft Mall (expires October 31, 2030)
Seller to sign a new 5‑year lease at closing for their occupied portion
Located in the heart of Waco, Texas
Potential for further development on unused land
Two‑tenant property

Overview

This fully leased, two-tenant NNN investment property is located in Waco, Texas. The property includes a lease with 254 Craft Mall, expiring October 31, 2030. The seller will sign a new five-year lease at closing for the portion of the property they currently occupy. There is potential for further development on land that is not currently utilized. The property size is 21800 square feet.

Location Intelligence

Current Use by Public Records

Wilkinson Coffee Shop Cafe & Coffee Shop

Suggested Use

Similar Places Nearby

Waco Commons — 300 N Valley Mills Dr, Waco, TX 76710
Coinstar Kiosk | Bitcoin ATM — PLS Financial Services, Inc, 600 N Valley Mills Dr, Waco, TX 76710
Waco Centre — 200 n new rd, waco, tx 76710
Franklin Village Shopping Center — 4600 Franklin Ave, Waco, TX 76710
Brazos Place Shopping Center — Waco, TX 76710

Location Insight

Map
Local Demand

City: Waco
County: McLennan
State: Texas
Longitude: -97.1752933
Latitude: 31.5260061

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For sale
Shopping centers
TX
Waco
76710
4533 W Waco Dr

What type of property is this?

Shopping center - Fully leased two-tenant NNN investment property in Waco, Texas.

Where is this shopping center located?

The property is located at 4533 W Waco Dr Waco, TX.

What is the asking price?

The asking price for this property is $2,349,000.

What are key features of this property?

This property features: Fully leased NNN investment property; Long‑term lease in place with 254 Craft Mall (expires October 31, 2030); Seller to sign a new 5‑year lease at closing for their occupied portion