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I-35 Logistics Center 5200 Beverly Dr 971,500 SF 17% Leased Industrial Building Waco, TX 76711 $89,294,447 CAD ($91.91 CAD/SF)



INVESTMENT HIGHLIGHTS
- Prime Location with Immediate Highway Access
- Largest Manufacturing Building Between Dallas & Austin
- Workforce-Rich Location for Industrial Growth
EXECUTIVE SUMMARY
• Largest Manufacturing Building Between Dallas & Austin – Multi-Tenant Manufacturing and Distribution Center positioned midway between Dallas-Fort Worth and Austin along I-35, the property offers direct access to two of Texas’ largest metropolitan markets, enabling efficient distribution in the heart of the Texas Triangle.
• Value-Add Opportunity Offered Well Below Replacement Cost – This property delivers an efficient layout designed for large-scale logistics and streamlined distribution operations. With direct rail transportation access, below market-rate leases at $5/SF, and pricing well below the estimated $150/SF replacement cost, it offers immediate value and long-term stability. This is a rare opportunity to secure a top-tier, rail-served facility with significant scale at an attractive entry point.
• Prime Location with Immediate Highway Access - Situated just off Interstate 35, the property offers excellent connectivity to major regional and national routes. Its location provides quick access to Waco’s primary transportation corridors, making it ideal for distribution and logistics operations throughout Central Texas.
• Convenient Proximity to Air Transport - The site is approximately 8 miles from Waco Regional Airport, ensuring efficient air freight options for industrial tenants. Additionally, its central Texas position allows easy reach to major airports in Dallas and Austin for broader connectivity.
• Highly Functional Multi-Warehouse Complex – The property features 7 warehouses ranging from 103,234 sq. ft. to 225,319 sq. ft., with clear heights from 18 feet to 33’3” and 20 docks on 58.08 acres. Each building is equipped with energy-efficient LED lighting, Phase 3 power, and individual panel boxes, delivering flexibility and reliability for diverse industrial operations.
• Value-Add Opportunity Offered Well Below Replacement Cost – This property delivers an efficient layout designed for large-scale logistics and streamlined distribution operations. With direct rail transportation access, below market-rate leases at $5/SF, and pricing well below the estimated $150/SF replacement cost, it offers immediate value and long-term stability. This is a rare opportunity to secure a top-tier, rail-served facility with significant scale at an attractive entry point.
• Prime Location with Immediate Highway Access - Situated just off Interstate 35, the property offers excellent connectivity to major regional and national routes. Its location provides quick access to Waco’s primary transportation corridors, making it ideal for distribution and logistics operations throughout Central Texas.
• Convenient Proximity to Air Transport - The site is approximately 8 miles from Waco Regional Airport, ensuring efficient air freight options for industrial tenants. Additionally, its central Texas position allows easy reach to major airports in Dallas and Austin for broader connectivity.
• Highly Functional Multi-Warehouse Complex – The property features 7 warehouses ranging from 103,234 sq. ft. to 225,319 sq. ft., with clear heights from 18 feet to 33’3” and 20 docks on 58.08 acres. Each building is equipped with energy-efficient LED lighting, Phase 3 power, and individual panel boxes, delivering flexibility and reliability for diverse industrial operations.
PROPERTY FACTS
| Price | $89,294,447 CAD | Lot Size | 58.08 AC |
| Price Per SF | $91.91 CAD | Rentable Building Area | 971,500 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1945 |
| Property Subtype | Manufacturing | Parking Ratio | 0.14/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 50 |
| Zoning | F2 | ||
| Price | $89,294,447 CAD |
| Price Per SF | $91.91 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 58.08 AC |
| Rentable Building Area | 971,500 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 0.14/1,000 SF |
| No. Dock-High Doors/Loading | 50 |
| Zoning | F2 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 35,000-909,921 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 35,000-909,921 SF | Industrial | - | Now |
1st Floor
| Size |
| 35,000-909,921 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 48-032308-000100-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $3,306,341 CAD | Total Assessment | $3,306,341 CAD |
PROPERTY TAXES
Parcel Number
48-032308-000100-0
Land Assessment
$3,306,341 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,306,341 CAD
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I-35 Logistics Center | 5200 Beverly Dr
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