Archive for: 7.03%

 

• Long Term Absolute Triple Net (NNN) Lease in Place with Reported Sales
• Two (5) Year Renewal Options
• Strong Sales Performance and Trending Up
• Additional Income Through Annual Percentage Rent – 8% of Gross Sales Up to $1,800,000 and 5% of Gross Sales Over $1,800,000
• Outstanding Location Along Interstate 35 with 130,000+ Vehicles Per Day
• Across I-35 From Baylor University with Enrollment of 16,000+ Students
• Ideal Demographics with Numerous Student Housing Development in Surrounding Area
• Steps away from Chip and Joanna Gaines Magnolia Market – Large Tourist Destination in Waco
• Within Walking Distance of Over 3,300 Multifamily Units and 1MM+ SF of Office Space (Average Occupancy of 92%)
• Select Nearby Tenants Include: CVS Pharmacy, In-N-Out Burger, Sonic Drive-In, Chick-fil-A, Raising Cane’s, Taco Cabana, McDonald’s, Papa John’s Pizza, Whataburger and Panera Bread

In Cooperation with Sands Investment Group Austin, LLC – Lic# 9004706