1000 Robinson Dr
Market Price
1000 Robinson Dr, Waco, TX 76706
4,240 sqft
Building Size
0.769 acres
Lot Area
Details:
Description:
• Six (6) years of remaining term
• Two (2) and five (5) year extension options remain on Marcos Pizza
• 5.31% in-place cap rate on base rent, with contractual rent increases pushing stabilized yield to approximately 5.7% in the near term, absent additional capital investment
Cromwell Commercial Group is pleased to offer the opportunity to acquire 1000 Robinson Drive, a 100%-leased, two-tenant retail asset in Robinson, Texas. The property was built in 2022 and is anchored by Marco’s Pizza, a nationally recognized QSR brand, and La Cocina, a well-established local restaurant operator. This asset provides investors with durable in-place cash flow, long remaining lease terms, and NNN lease structures, minimizing landlord responsibilities.
Listing ID: f14f1444-afdd-4505-9e55-f1deb9614d84
Documents:
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Location
Gallery