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MOD Pizza 1015 S Jack Kultgen Expy 3,072 SF Retail Building Waco, TX 76706 $2,850,469 CAD ($927.89 CAD/SF) 5.75% Cap Rate


EXECUTIVE SUMMARY
8+ Years Remaining, Corporate Lease – Allows an investor the opportunity to acquire a net lease asset with limited responsibilities and 10% rental increases every 5 years and in option periods
Strong Performing Store, Ranks in the Top 25% Nationally Across All MOD Pizza Locations for Visitor Counts – (Source: Placer.ai)
Strong Corporate Guarantee – MOD Pizza is owned by Elite Restaurant Group and has over 485 locations in 28 states and more than 12,000 employees
Located Directly Off I-35 in Downtown Waco – Site features excellent highway access and visibility boasting over 136,000 vehicles per day (Source: CoStar Analytics)
PROPERTY FACTS
AMENITIES
- Freeway Visibility
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Accommodation and Food Services
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- -
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Jan 0000
MOD Pizza was founded in Seattle in 2008 by entrepreneurs Scott and Ally Svenson. MOD's individual artisan-style pizzas are made on demand, allowing customers to create their own pizzas and salads, using fresh-pressed dough, signature sauces and many toppings, for one price. MOD is committed to a purpose-led culture and being a force for good in communities across the country, creating not only a cool place to eat, but an inspired place to work. MOD was ranked as America’s fastest-growing chain restaurant by Technomic, earned a spot on the Inc. 500 list as one of the fastest-growing private companies in America and was recognized by Fortune as one of the “20 Best Workplaces in Retail” for its progressive hiring practices and career growth opportunities.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Accommodation and Food Services | - | - | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 48-009314-000600-0 | Improvements Assessment | $1,275,997 CAD |
| Land Assessment | $2,033,485 CAD | Total Assessment | $3,309,482 CAD |
PROPERTY TAXES
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MOD Pizza | 1015 S Jack Kultgen Expy
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