Shopping Strip

Value Add Retail Shops - Downtown Waco

928 Austin Ave, Waco, TX 76701

Listing Price: $1,800,000

Cap Rate
7.13%
Gross SF
14,406
Rentable SF
14,406
Price/Gross SF
$124.95
Lot Size
1.26 acres
Year Built
1945

Investment Overview

Marcus and Millichap is pleased to offer 928, 930 and 1002 Austin Ave for qualified investors. The site is located 1.5 Miles from Baylor University (14,159 Student Enrollment) and 0.6 Miles from the Magnolia Market at the Silos. The Site is Also Located on the Silo District Trolley Line from Magnolia Market the Serves the Downtown Waco Shopping District. Strong Demographics of $62,011 Average Household Income within 10 Miles of the Site.

Investment Highlights

  • Great Visibility and Easy Access from Austin Ave
  • Traffic Driver: New Amazon Fulfillment Center (2021) Located 6.9 Miles from Site
  • Good Tenant Mix to Help Hedge Against Recession and Great investment for Someone Looking for Value Add Components

Exclusively Listed By

Shopping Strip

Value Add Retail Shops - Downtown Waco

Listing Price: $1,800,000

Cap Rate
7.13%
Gross SF
14,406
Rentable SF
14,406
Price/Gross SF
$124.95
Lot Size
1.26 acres
Year Built
1945

Investment Highlights

  • Great Visibility and Easy Access from Austin Ave
  • Traffic Driver: New Amazon Fulfillment Center (2021) Located 6.9 Miles from Site
  • Good Tenant Mix to Help Hedge Against Recession and Great investment for Someone Looking for Value Add Components

Investment Overview

Marcus and Millichap is pleased to offer 928, 930 and 1002 Austin Ave for qualified investors. The site is located 1.5 Miles from Baylor University (14,159 Student Enrollment) and 0.6 Miles from the Magnolia Market at the Silos. The Site is Also Located on the Silo District Trolley Line from Magnolia Market the Serves the Downtown Waco Shopping District. Strong Demographics of $62,011 Average Household Income within 10 Miles of the Site.

Exclusively Listed By

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