711-715 Lake Air Dr Waco, TX 76710

This exceptional value-add investment opportunity presents a 5,625 square foot warehouse situated on a 0.507-acre lot at 711-715 Lake Air Drive in Waco, Texas, zip code 76710. The property boasts a prime location within a strong retail corridor, ensuring consistent cash flow. The single-story, Class B building is currently 100% occupied by two established tenants under a gross lease agreement. No credit rating is required for tenants. The property is zoned C-3, allowing for a variety of commercial uses. This multi-tenant property offers a compelling investment with a projected 6.5% cap rate and the potential for future rent bumps. The building consists of one structure with a total of 5,625 square feet. This is a rare opportunity to acquire a fully leased, income-generating asset in a desirable location. The property's strong tenancy and strategic positioning make it an attractive investment for both seasoned and emerging investors. Further details are available upon request.