Price Per SF
$335
Gross SQFT
4,257
Property Type
Retail
LEAD LISTING AGENT
Email
[email protected]
License No.
SA712608000 (AZ)
Direct
+1 (602) 922-3427
Mobile
+1 (602) 363-9826
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
Premier Redevelopment & Value Add Opportunity
- High-visibility ±1.22-acre lot with prime frontage along I-35, offering exceptional exposure and accessibility.
- Opportunity to acquire a restaurant asset at a price significantly below replacement costs compared to new construction.
- Ideal for national QSR brands, casual dining, multi-tenant retail, or drive-thru conversion, capitalizing on high traffic flow and consumer demand.
- Strong value-add potential with flexible redevelopment options, appealing to investors and operators seeking to reposition in a growing market.
Strategic Location | High Traffic Counts | Thriving Retail Corridor
- Unmatched exposure along I-35 with over ±101,500 vehicles per day (VPD), ensuring consistent customer traffic and visibility.
- Surrounded by major national retailers and businesses, including Sam’s Club, AutoZone, O’Reilly Auto Parts, and Comfort Suites, reinforcing the area’s strength as a dominant retail and hospitality hub.
- Less than three miles from Baylor University, home to 20,000+ students and faculty, fueling continuous demand for dining, retail, and entertainment.
Strong Market Fundamentals | Booming Economy & Tourism Hub
- Waco is experiencing rapid population growth of 5.41% from 2020, benefitting from its prime location between Dallas and Austin as a thriving commercial and transportation corridor.
- Home to top tourist destinations, including Magnolia Market at the Silos, the Dr. Pepper Museum, and the Texas Ranger Hall of Fame, attracting 1.5M + annual visitors and driving retail and hospitality revenue.
- The Waco City Council has adopted a Strategic Roadmap to guide the phased development of 100 acres in downtown Waco over the next 12 to 20 years including infrastructure improvements, vibrant sub-districts, and major civic projects.
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225