4909 W Waco Dr
$3,500,000
4909 W Waco Dr Waco, TX 76710
This is a carousel gallery, which opens as a modal once you click on any image. The carousel is controlled by both Next and Previous buttons, which allow you to navigate through the images or jump to a specific slide. Close the modal to stop viewing the carousel.
To navigate the horizontal menu, use the arrow keys. For VoiceOver on iOS, swipe left or
right with one finger.
About this listing
DESCRIPTION
Cromwell Commercial is pleased to exclusively offer for sale a single-tenant leased Barnes & Noble property in Waco, representing an excellent retail investment opportunity. Located on a signalized hard corner at the intersection of Waco Drive and Lake Air Drive, the property benefits from outstanding visibility within one of Waco’s primary retail corridors, with a combined traffic count of approximately 34,000 vehicles per day.
Constructed in 1995, the building has been continuously occupied by Barnes & Noble for 31 years, demonstrating the tenant’s long-term commitment to the location and market. The single-story structure features a brick and EIFS exterior and sits on 1.99 acres with 122 parking spaces. The parking lot was repaired, sealed, and striped in 2019, and the property received a new roof in 2015.
Originally executed as a 15-year lease, Barnes & Noble has exercised multiple lease extensions, with the current lease term extending through March 31, 2030.
HIGHLIGHTS
- • Long term tenant with 4 years remaining on lease
- • Attractive and visible building at a busy corner with 2 points of access and 34K vehicles per day
- • Located in an established retail corridor with nearby schools, churches, restaurants, banks, and professional offices
-
Building Size
20,010 sqft
-
Lot Area
1.99 acres
