NNN LEASED INVESTMENT OPPORTUNITY | 324 S Lacy Dr
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NNN LEASED INVESTMENT OPPORTUNITY 324 S Lacy Dr
7,500 SF Industrial Building Waco, TX 76705 For Sale
Executive Summary
Tenant: Forward Air, Inc.
Lease expiration: January 31, 2029
NOI: $81,000
Annual rent increases: 3%
Cap rate: 7.25%
Total SF: +/- 7,500
Office SF: +/- 750 SF
Land: 4 acres
Eave height: 18’
Loading: 9 (10’ X 20’) dock high doors, 1 semi dock, 1 ramp
Utilities: City
New Roof
Fully Fenced
Location: New Dallas Highway (77) frontage with great access to Loop 340 and I-35 North running to DFW
Lease expiration: January 31, 2029
NOI: $81,000
Annual rent increases: 3%
Cap rate: 7.25%
Total SF: +/- 7,500
Office SF: +/- 750 SF
Land: 4 acres
Eave height: 18’
Loading: 9 (10’ X 20’) dock high doors, 1 semi dock, 1 ramp
Utilities: City
New Roof
Fully Fenced
Location: New Dallas Highway (77) frontage with great access to Loop 340 and I-35 North running to DFW
Property Facts
| Sale Type | Investment NNN | Year Built | 1962 |
| Property Type | Industrial | Tenancy | Single |
| Lot Size | 4.00 AC | Clear Ceiling Height | 18 ft |
| Rentable Building Area | 7,500 SF | No. Dock-High Doors/Loading | 9 |
| Number of Floors | 1 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Lot Size | 4.00 AC |
| Rentable Building Area | 7,500 SF |
| Number of Floors | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| Clear Ceiling Height | 18 ft |
| No. Dock-High Doors/Loading | 9 |
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Forward Air, Inc.
- -
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Forward Air, Inc. | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 20-088500-004200-0 | Improvements Assessment | £186,893 |
| Land Assessment | £165,183 | Total Assessment | £352,076 |
PROPERTY TAXES
Parcel Number
20-088500-004200-0
Land Assessment
£165,183
Improvements Assessment
£186,893
Total Assessment
£352,076
-
Jason English -
Lee & Associates
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NNN LEASED INVESTMENT OPPORTUNITY | 324 S Lacy Dr
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