135 Estates Dr Waco, TX 76712
- Lifestyle centers
- 1,836 SF
Current Use by Public Records
- Splendid Oaks Chocolates & Ice Cream / Ice Cream Shop
- Grace & Max / Clothing Store
Property Details for 135 Estates Dr
- Property size
- 1,836 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional net lease investment opportunity presents a 1,836 square foot retail property located at 135 Estates Drive in Woodway, Texas, zip code 76712. Boasting a remarkable 100% occupancy rate and a highly attractive 7.5% cap rate, this shopping center presents a strong return on investment. Situated along Estates Drive, this property benefits from excellent visibility and accessibility, enjoying close proximity to Highway 84, a major commuting route. The property's strategic location within the rapidly growing city of Woodway, Texas, places it in a high-traffic area surrounded by established businesses and key amenities. Nearby establishments include Marco's Pizza, Walgreens, CVS, Dutch Brothers Coffee, Woodway Elementary School, Brown House Cafe, Premier ER, and H-E-B, ensuring a consistent flow of potential customers. This property is a prime example of a well-positioned retail investment in a thriving Texas community. The property is classified as retail and land, and is a shopping center. This is a truly exceptional opportunity for investors seeking a stable, high-performing asset in a desirable location. The property is a new redevelopment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.2213
- Latitude
- 31.4987
