600 N Valley Mills Dr
 Waco, TX 						
						
						
						
						
															
									Price: 
									
									$2229000								
								
								 
									
										Cap Rate: 
										
										7.00%									
									
																						
								NOI: 
								
									$156,000								
							
															
									Building Size: 
									
									Approx. 3421 Sq. Ft.								
								
																						
									Lot Size: 
									
									Approx. 0.6 Acres								
								
																													
									Type: 
									
																		Single-Tenant / Retail								
								
																						
									Sub Category: 
									
									Pawn / Check Cashing								
								
																						
								
									Year Built: 								
									
									2017								
								
													 
													
												
							Investment Overview
							
- 2017 Construction | 3,421+/- SF Building on 0.60+/- Acre Site
 
- New 10-Yr Corp NNN Lease w/ 10% Rent Bumps Every 5-Yrs
 
- Located along N Valley Mills Dr (35K VPD), just W of I-35 (111K VPD)
 
- Near Lowe’s, Walmart & multiple HGTV’s Featured Fixer Upper Homes
 
- Attractions: Lake Waco | Baylor University | Magnolia Market (HGTV)
 
- Waco is home to HGTV’s “ Fixer Upper” Magnolia Market (1.9M Visitors)
 
- 2-Miles N of Richland Mall | 4-Miles SW of Baylor University (17K Enroll)
 
- 5-Mile Radius: 2016 Est Pop: 136,196 | 3-Mile Avg HH Income: 51,843
 
- Waco is approx. located 90-Miles S of Dallas & 100-Miles N of Austin