$2,960,000 SALE
Retail
10,458 SF
1508 Speight Avenue
Waco, TX 76701 Speight Retail Center



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.
Additional Media Area Demographics