3000 Speight AveWaco, TX 76711
New 20-Year McDonald's Near Baylor University
Asset ClassRetail
LARGE 1.58 ACRE PARCEL MINS TO 20,000+ STUDENT BAYLOR UNIVERSITY
Overview
TSCG is pleased to offer for sale a brand new 20-year McDonald's ground lease two miles south of Baylor University (20,000+ students) in Waco, TX. The Property is situated on a large 1.58-acre parcel at the signalized intersection of Speight Ave and S Valley Mills Rd. Adjacent to McDonald’s is an H-E-B that ranks as the 3rd most visited grocery store in the US (3.6M visits). Waco is a strong college town along Interstate 35 equidistant to Dallas and Austin. I-35 is conveniently located two blocks east of the property, providing easy access to Baylor University, TSTC, Downtown Waco and more. McDonald's just opened this location.
Investment Highlights
- 20-Year Corporate Ground Lease with 10% Increases | Brand new 2025 construction with a 20-year corporate ground lease and 10% rent increases every 5 years
- Hard Signalized Corner on Large 1.58 Acre Lot | 1.58-acre site is significantly larger than a typical McDonald’s parcel size
- 5-Min Drive to Baylor University (20,000+ Students) | Baylor University is one of the largest employers and economic drivers in Waco with over 4,000 employees
- Adjacent to the #3 Most Visited Grocer Nationwide | The H-E-B Plus! at I-35 and S Valley Mills Rd is the 3rd most visited grocery store in the US with 3.6M visits
- Immediate Access to Interstate 35 Interchange | Two blocks west of Interstate 35 (133,000+ VPD) which is a major interstate for Dallas, Austin, San Antonio and Oklahoma City
- Proximity to Three Hospital Campuses | Less than 10 minutes to Ascension Providence Hospital, Baylor Scott & White Medical Center - Hillcrest and VAMC Waco
Photo Gallery
3000 Speight AveWaco, TX 76711
CONTACT US
Listing provided by Revere CRE