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4909 W Waco Dr
Waco, TX 76710
Barnes & Noble Booksellers · Retail Property For Sale
Investment Highlights
- • Long term tenant with 4 years remaining on lease
- • Attractive and visible building at a busy corner with 2 points of access and 34K vehicles per day
Executive Summary
Cromwell Commercial is pleased to exclusively offer for sale a single-tenant leased Barnes & Noble property in Waco, representing an excellent retail investment opportunity. Located on a signalized hard corner at the intersection of Waco Drive and Lake Air Drive, the property benefits from outstanding visibility within one of Waco’s primary retail corridors, with a combined traffic count of approximately 34,000 vehicles per day.
Constructed in 1995, the building has been continuously occupied by Barnes & Noble for 31 years, demonstrating the tenant’s long-term commitment to the location and market. The single-story structure features a brick and EIFS exterior and sits on 1.99 acres with 122 parking spaces. The parking lot was repaired, sealed, and striped in 2019, and the property received a new roof in 2015.
Originally executed as a 15-year lease, Barnes & Noble has exercised multiple lease extensions, with the current lease term extending through March 31, 2030.
Constructed in 1995, the building has been continuously occupied by Barnes & Noble for 31 years, demonstrating the tenant’s long-term commitment to the location and market. The single-story structure features a brick and EIFS exterior and sits on 1.99 acres with 122 parking spaces. The parking lot was repaired, sealed, and striped in 2019, and the property received a new roof in 2015.
Originally executed as a 15-year lease, Barnes & Noble has exercised multiple lease extensions, with the current lease term extending through March 31, 2030.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
20,010 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1995
Price
$4,865,945 CAD
Price Per SF
$243.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
2.00 AC
Zoning
C3
Parking
122 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 48-023201-000105-3 | Improvements Assessment | $1,263,361 CAD |
| Land Assessment | $1,949,242 CAD | Total Assessment | $3,212,603 CAD |
Property Taxes
Parcel Number
48-023201-000105-3
Land Assessment
$1,949,242 CAD
Improvements Assessment
$1,263,361 CAD
Total Assessment
$3,212,603 CAD
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