Restaurant
Corporate BJ’s Restaurant – High Performing Location
5929 W Waco Dr, Waco, TX 76710
Listing Price: $4,700,000
Investment Overview
- Fully Passive Investment Backed by BJ’s Restaurants, Inc. (NASDAQ: BJRI); Lease Structured on an Absolute-Net Basis With No Maintenance, Taxes, or Insurance Obligations
- Built in 2012 on a 2.2-Acre Parcel Fronting W Waco Dr (52,628 VPD) and Adjacent to
- Located in Waco’s Most Prominent Retail Hub Alongside Dick’s, Dillard’s, H&M, Red Lobster, Olive Garden, and Walmart Supercenter
- BJ’s Restaurants has been Operating at this Location since 2012 and has Consistently been a Strong Performing Location for them. Rent-to-Sales Ratio is under 6.0%.
- Within 5 Miles of Baylor University (20,600+Students), Magnolia Market (1.7M+ Annual Visitors), McLane Stadium, and Downtown Waco
- 140,879 People Within 5 Miles and Average Household Income Above $80,000 Within a 1-Mile Radius
Corporate BJ’s Restaurant – High Performing Location
Investment Highlights
- 6.3-YEAR ABSOLUTE-NET CORPORATE GROUND LEASE
- FREESTANDING 8,500 SF PROTOTYPE EXCELLENT VISIBILITY
- RICHLAND MALL AREA REGIONAL AND NATIONAL TENANTS
- HIGH PERFORMING LOCATION
- TOURISM, EDUCATION & DAYTIME POPULATION TRAFFIC
- STRONG DEMOGRAPHICS AND INCOME GROWTH
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Listing Price: $4,700,000
Investment Highlights
- 6.3-YEAR ABSOLUTE-NET CORPORATE GROUND LEASE
- FREESTANDING 8,500 SF PROTOTYPE EXCELLENT VISIBILITY
- RICHLAND MALL AREA REGIONAL AND NATIONAL TENANTS
- HIGH PERFORMING LOCATION
- TOURISM, EDUCATION & DAYTIME POPULATION TRAFFIC
- STRONG DEMOGRAPHICS AND INCOME GROWTH
Investment Overview
- Fully Passive Investment Backed by BJ’s Restaurants, Inc. (NASDAQ: BJRI); Lease Structured on an Absolute-Net Basis With No Maintenance, Taxes, or Insurance Obligations - Built in 2012 on a 2.2-Acre Parcel Fronting W Waco Dr (52,628 VPD) and Adjacent to - Located in Waco’s Most Prominent Retail Hub Alongside Dick’s, Dillard’s, H&M, Red Lobster, Olive Garden, and Walmart Supercenter - BJ’s Restaurants has been Operating at this Location since 2012 and has Consistently been a Strong Performing Location for them. Rent-to-Sales Ratio is under 6.0%. - Within 5 Miles of Baylor University (20,600+Students), Magnolia Market (1.7M+ Annual Visitors), McLane Stadium, and Downtown Waco - 140,879 People Within 5 Miles and Average Household Income Above $80,000 Within a 1-Mile Radius
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
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