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1018 Franklin Avenue
Waco, TX 76701
Asking Price
$3.22M
Cap Rate
6.5%
Asset Type
Restaurant Retail
Class
Class B
What's Special
3-Tenant Retail Center in Silo District <ul><li><strong style="color: rgba(0, 0, 0, 1)">100% Occupancy with Internet-Resistant Tenants in the Highly Sought After Silo District in Downtown Waco</strong></li><li><strong style="color: rgba(0, 0, 0, 1)">Milo All Day is Widely Regarded as the Premier Dining Destination in Waco, Consistently Ranking as the City’s “Best” Across Multiple Platforms:</strong><ul><li><span style="color: rgba(0, 0, 0, 1)">Milo All Day is a chef-driven, southern-inspired anchor that functions as a “neighborhood
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NOI
$80,000
Cap Rate
2.49%
DSCR
0.42
Underwater
Cash-on-Cash
-11.50%
Monthly Payment
$15,920.908
Annual Cash Flow
$-111,050.898
