4701 S 12th St Rd
Waco, TX
Price:
$11,853,500
Cap Rate:
5.00%
NOI:
$592,675
Building Size:
Approx. 4,853 Sq. Ft.
Lot Size:
Approx. 3.07 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2026
Investment Overview
- 2026 Construction. 4,853+/- SF Building On 3.07+/- Acre Site
- Brand New 15-Year Absolute NNN Lease with 10% Rent Increases Every 5 Years, and (4) 5-Year Options to Renew
- Prime Hard-Corner Location at the NEC of Loop 340 & 12th Street, right off of Highway 6 (15k+ VPD) and minutes from I-35 (88k+ VPD)
- I-35 Waco South Project Expands to 8 Lanes, Improving Traffic Flow & Access at Loop 340/12th S
- Minutes from Texas Central Park Industrial Hub, Home to Amazon, AbbVie, Mars Wrigley & $2B+ Investment Since 2020
- 7-Eleven Is The World’s Largest Convenience Store Chain With 85,000+ Locations Worldwide (S&P Rated A-)
- Waco, TX | Strategic Location in the Heart of the Texas Triangle; 90 Mi. South of Dallas & 100 Mi. North of Austin | Population: 146,608+