The Speight Retail Center is strategically located in the heart of Waco, Texas. The Center is prominently located off of I-35 adjacent to Baylor University with easy access and great visibility from the interstate. This is a highly trafficked area by Baylor Students & Faculty, tourists and the downtown entertainment scene. There are 4 tenants consisting of Barefoot Athletics Campus Outfitter, Jimmy Johns Sandwich Shop, The Healthy Place, and Baylor Flowers. Other neighboring retailers include Schlotzsky's, Burger King, Fuego Tortilla Grill, Cupp's Drive Inn, and one of Waco's famous Vitek's BBQ!
| Property Type | Retail |
|---|---|
| Listing ID | PK55YD |
| Style | Retail Bldg -Local Strip |
| Building Size | 10,458 SF |
| Lot Size | 0.82 AC |
| Available Date | Feb 1st, 2021 |
Property Highlights
Across the Interstate from the Magnolia Silo's - One of Texas's Largest Tourist Generators
Adjacent to Baylor University - The Oldest University in Texas and the Largest Baptist University in the World
7.41% Cap Rate - Pro Forma (1 vacancy)
Drive-Thru End Cap
All Leases are Triple-Net
Highly redeveloped area with numerous newly constructed retailers and student housing
Property Features| Location: | The Speight Center sits on Speight Avenue, adjacent to Baylor University right off of I-35 in Downtown Waco. This retail center offers interstate visibility with easy off and on ramps providing access to the property. Waco is centrally located in Texas and currently experiencing explosive economic growth. This property is centrally located to many recent area developments, including: 1m+ Square Foot Amazon Fulfillment Center, Top Golf & Cinemark Master Development, $10m Magnolia Silo Grounds Expansion, $266m Baylor Football Stadium and $100m Promenade Riverfront Development. |
