817 S Jack Kultgen Expy - Restaurant FOR SALE


Waco, TX 76706- Downtown Waco
$2,981,818 USD
310-750-7175
817 S Jack Kultgen Expy, Waco, TX for Sale
$2,981,818 USD
Restaurant - FOR SALE
1/4
null | 5.5% Cap Rate

817 S Jack Kultgen Expy
Waco, TX 76706
Downtown Waco


HIGHLIGHTS

  • New 20-Year Absolute NNN Lease; Prime Retail Corridor: adjacent to Interstate 35 (114,000+ VPD)
  • Growing Market: Waco’s strong population growth and economic development make it an attractive market for investment.
  • Adjacent to Baylor University: 20,000+ Students; Strong QSR presence in corridor: In-n-Out, Chick-fil-A, Raising Cane’s, Whataburger and Panera.
  • Strong Consumer Spending: Total consumer spending within a 1-mile radius is $138 million annually, with significant growth projected in the area.
  • Situated in an Income Tax Free State
  • HCI Hospitality: 41-unit Freddy’s franchisee with presence in 7 states; Established brand: Freddy’s boasts 550 locations across 36 states

OVERVIEW

Freddy’s in Waco, TX – This brand-new 20-year absolute NNN lease offers a secure, long-term investment with zero landlord responsibilities in a prime retail corridor. Strategically positioned adjacent to Interstate 35, the property benefits from exceptional visibility and exposure to over 114,000 vehicles per day. Waco’s strong population growth and ongoing economic development make it a thriving market for investment, with increasing demand for retail and dining options. This high-traffic location ensures consistent customer flow, making it an ideal opportunity for investors seeking stability and growth.

FOR SALE DETAILS

PRICE

$2,981,818 USD

PRICE/SF

$844 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freddy’s — 20-Year Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

C-2

APN/PARCEL ID

48-033106-000100-3

ASK ABOUT THIS PROPERTY

Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

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Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.