601 Texas Central PkwyWaco, TX 76712

Property Details for 601 Texas Central Pkwy

Lot size

8.18 AC

Property type

Commercial real estate

APN

362657000001030

APU

362657000001030

Description

This exceptional investment opportunity presents a 36,297 square foot office building situated on an 8.18-acre lot at 601 Texas Central Pkwy, Waco, TX 76712. The property boasts convenient access to major thoroughfares including I-35, Hwy 84, and Hwy 6, ensuring excellent connectivity. Ample parking is provided with two ingress and egress drives for ease of access. Currently fully leased through the end of 2031, this property offers an absolute NNN lease structure with a highly attractive 7% cap rate and built-in 3% annual rent increases through the lease term. Located in Waco's Industrial Park, a high-growth area in South Waco/Woodway, this is a strong, stable investment with significant long-term potential. Showings are strictly by appointment only to avoid disruption to the tenant's operations. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property in a thriving Texas market. The property is classified as Office and Land, offering flexibility for future development or expansion. Don't miss this chance to secure a prime investment in a rapidly growing area.

Location Insight

City

Waco

County

Mclennan

State

Texas

Latitude

31.4992

Longitude

-97.2022

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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