13056 Gholson Rd
Waco, TX
Price:
$1,461,000
Cap Rate:
6.20%
NOI:
$90,532
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.24 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,100+/- SF Building on 1.24+/- Acre Site
- New 15 Year Corporate NNN Lease w/ Rent Bumps in Options
- Located along Gholson Rd (6K VPD), just E of I-35 (65K VPD)
- The ONLY Variety Store close by | Near TX own Brazos River
- 10-Miles N of Waco Regional Airport & 14 Miles N of Downtown
- Waco is located in Central Texas w/ Expected Huge Pop Growth
- Known as the Heart of Texas, Strong Economic Growth Continues
- Home to Baylor University (14K Enrollment) – Major Local Employer
- Attractions: Cameron Park Zoo | HGTV’s Magnolia Market Silos
- 1.5-Hours South of Dallas | 3-Mile Est Avg HH Income: $78,953