600 University Parks Dr Waco, TX 76706
The Foster Pavilion Retail Spaces represent a unique investment opportunity in the heart of Downtown Waco, Texas. Located at 600 S University Parks Dr, Waco, TX 76706, this property offers a flexible retail space ranging from 1,000 square feet to 20,000 square feet, perfect for a single tenant. This is a single-tenant building situated within the vibrant Riverfront Development, ensuring high visibility and foot traffic. The property's prime location offers excellent access to the city's amenities and a thriving community. The address is easily accessible and benefits from strong local demographics. The building itself is a new addition to the Downtown Waco landscape, promising modern amenities and a contemporary design. This presents a rare chance to establish a business in a rapidly developing area with significant growth potential. The flexible square footage allows for customization to suit a variety of retail concepts. This property is ideal for businesses seeking a prominent location in a revitalized urban setting. The property type is listed as Retail and Land, offering potential for various uses. The latitude and longitude coordinates are 31.555331270962636 and -97.12239005764492 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.