13701 Woodway Dr Woodway, TX 76712

This exceptional investment opportunity presents a 6,607-square-foot retail building situated within the prestigious Outlook at Bosque Ridge in Woodway, Texas. The property, built in 2022, is currently under a seven-year net lease to Ascension Providence, featuring a 3% annual rent increase. The fee-simple ownership offers a strong 4.50% cap rate. Located at 13701 W Woodway Dr, 76712, the single-tenant building boasts a prime location with high visibility from Highway 84, benefiting from over 45,000 daily traffic counts. The property includes a drive-thru lane and ample parking. The Outlook at Bosque Ridge is a thriving mixed-use development, offering an outdoor amphitheater, walking trails, water features, and ample parking (446 spaces). The surrounding area benefits from a strong economy driven by Baylor University, Midway ISD, and various retail and trade industries, serving a community of professionals, families, and retirees. The lease commenced May 31, 2022, with seven years remaining. The Planned Commercial zoning (PC) ensures future flexibility. This property represents a compelling investment in a rapidly growing area with excellent long-term potential. The building's design incorporates large outdoor patios and landscaping, providing attractive surroundings and great views overlooking the Bosque River Valley. The location offers good ingress and egress on all sides, enhancing accessibility. The proximity to three local higher education facilities (Baylor University, McLennan Community College, and Texas State Technical College of Waco) further strengthens the area's demographic appeal.