3400 Bosque BlvdWaco, TX 76710

For Sale
$1,500,000

High-yield retail center, Waco, TX

Overview

Added:
Dec 11, 2024
Days on market:
93
This Waco, Texas retail center presents a compelling value-add investment opportunity. Located at 3400 Bosque Blvd, 76710, in McLennan County, this property encompasses 49,875 square feet across five single-story buildings on a 3-acre lot. The center features a mix of uses including a grocery store and restaurant, currently housing ten tenants with an 80% occupancy rate. A prominent Family Dollar anchors the property. The property is zoned C-3 and offers 50 parking spaces. The asking price is $1,500,000, translating to $30.08 per square foot. Tenants are secured with corporate guarantees, eliminating credit rating concerns. The lease type is gross, and there are no ground leases or rent bumps. This multi-tenant property offers significant potential for redevelopment and increased profitability, making it an attractive prospect for investors seeking a strong return on investment in a thriving Texas market. The property's prime location and established tenant base provide a solid foundation for future growth and success.

Highlights

  • Waco, TX retail center, 49,875 SF on 3 acres, 10 tenants, 80% occupancy.
  • Anchored by Family Dollar, with a mix of uses including grocery and restaurant.
  • Located at 3400 Bosque Blvd, Waco, TX 76710 (McLennan County), C-3 zoning.
  • 50 parking spaces, $1,500,000 asking price ($30.08/SF).
  • Gross leases with corporate guarantees, no ground leases or rent bumps.

Property Details for 3400 Bosque Blvd

Property type
Lifestyle centers, Power centers
Square Feet
49,875 SF
Class
C
Buildings
5
Stories
1
Lot Size (sq. ft)
130,680 SF
Units
20

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.544452122225
Longitude
-97.170432958476
3400 Bosque Blvd, Waco, Texas

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3400 Bosque Blvd
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