

407 S. 8th Street
100% Leased
Marketing description
407 S. 8th Street, Waco, TX presents a rare opportunity to acquire a fully leased retail investment in one of Waco’s most dynamic districts. Located directly across from Magnolia Village and shadow-anchored by Magnolia, this high-visibility asset offers exceptional positioning in a heavily visited area near downtown. The property features approximately 2,400 SF of improvements on a generous 0.756-acre C-3 zoned lot, creating both immediate income and long-term upside. Recently remodeled in 2022, the building offers a clean, modern appearance with strong curb appeal. The asset is 100% leased to established NNN tenants, providing investors with stable income, plus additional monthly parking lot revenue for an added income stream. With its premier location, updated improvements, and reliable tenancy, 407 S. 8th Street stands out as an attractive, turnkey investment in the heart of Waco. Offered at $1,340,000, this is a compelling chance to own a strategically located asset in the path of continued growth.
Investment highlights
- 100% Leased, NNN Tenants
- 8% CAP
- Recent full remodel in 2022
- Parking Lot income
- Shadow anchored by Magnolia
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