Waco, TX

MOD Pizza

Offered for sale is the opportunity to acquire a triple net lease Mod Pizza in Waco, Texas. The property consists of a 3,072-square-foot, freestanding building on 0.55 acres of land. There are 10 years remaining on the current lease term, with 10% percent increases every 5 years.

Building Size	3,072 sqft
Lot Size	0.55 acres
Year Built	2018

Offering Memorandum

Ryan Wolf

First Vice President Investments

(972) 755-5207

RWolf@marcusmillichap.com

License: TX 622900

FINANCING TEAM

Duke Dennis

Director

(817) 932-6172

Duke.Dennis@marcusmillichap.com

Triple Net Lease with 10 Years Remaining
A New Underpass has Recently Been Completed, Providing Direct Access to Baylor University’s Campus (20,824 Students)
Excellent Frontage on Interstate 35 (Jack Kultgen Freeway), Where Traffic Counts Exceed 135,837 VPD
Across from Baylor University’s 1,000-Acre Campus
Second Busiest Mod Pizza in the state of Texas and the 11th Busiest Nationwide, Placing it in the Top 97th Percentile Systemwide (Placer.ai)
10 Percent Rental Increases Every Five Years During the Primary Term and Options
More than 126,497 Residents Within a Five-Mile Radius
Attractive 2018 Construction with a Corporate-Guaranteed Lease