601 Texas Central Pkwy Waco, TX 76712
- Commercial real estate
- 8.18 lot acres
Current Use by Public Records
- Support Services Group / Call Center
- Support Services Group, Inc. / Business Management Consultant
- Davidson Corp / Air Conditioning System Supplier
Property Details for 601 Texas Central Pkwy
- Lot size
- 8.18 lot acres
- Property type
- Commercial real estate
- APN
- 362657000001030
- APU
- 362657000001030
Description
This exceptional investment opportunity presents a 36,297 square foot office building situated on an 8.18-acre lot at 601 Texas Central Pkwy, Waco, TX 76712. The property boasts convenient access to major thoroughfares including I-35, Hwy 84, and Hwy 6, ensuring excellent connectivity. Ample parking is provided with two ingress and egress drives for ease of access. Currently fully leased through the end of 2031, this property offers an absolute NNN lease structure with a highly attractive 7% cap rate and built-in 3% annual rent increases through the lease term. Located in Waco's Industrial Park, a high-growth area in South Waco/Woodway, this is a strong, stable investment with significant long-term potential. Showings are strictly by appointment only to avoid disruption to the tenant's operations. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property in a thriving Texas market. The property is classified as Office and Land, offering flexibility for future development or expansion. Don't miss this chance to secure a prime investment in a rapidly growing area.
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
- -97.2022
- Latitude
- 31.4992
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA
