Sands Investment Group is Pleased to Present For Sale the Woodway Village NNN Located in Waco, Texas. The Building is 14,181 SF and is 100% Occupied With Strong Tenants Including: Jimmy Johns, Great Clips, Stonehaven Dental and Escape Nail Spa. The Weighted Average Remaining Term of the Leases are Over 5 Years, Offering Investors a Staggered Lease Roll and Low Vacancy Risk.
Woodway Village is a Walmart Pad Located Just South of SH 84 (45,000 VPD) at the Lighted Corner In Front of Walmart. Waco, TX is Home of the Highly Acclaimed Baylor University (Over 17,000 Students) at the Lighted Intersection of Hewitt Drive (19,000 VPD) and Imperial Drive (17,000 VPD) With Excellent Visibility and Access. The Internet-Resistant Tenant Mix is Comprised of National and Regional Tenants, Offering Much Needed Services to the Surrounding Residential and Daytime Population. The 3-Mile Trade Area is Supported By a Strong Population of 40,091 With an Average Household Income of $85,764.
- Walmart Anchored Center With National Tenants Including: Jimmy John’s, Great Clips and Metro PCS
- 100% Occupied With Restaurants and Service Oriented Retail
- Triple Net (NNN) Leases Pass Through Taxes, Insurance and All Common Area Maintenance to Tenants
- Upside in NOI as Leases Roll – Several Leases Well Below Market Rates
- Site is Located on the Lighted Corner of Imperial Drive (18,631 VPD) and Hewitt Drive (30,356 VPD)
- Great Location Near Midway High School (1-Mile) and SR 84 (0.75-Miles)
- Strong Daytime Employment of 29,500 Within 3-Mile
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
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