Dave’s Hot Chicken

4017 Jack Kultgen Freeway Waco, Texas 76706

— For Sale —

List Price$4.08MM

Size +/- 2,911 SF

Cap Rate 5.0%

Property Information

LOGIC Commercial Real Estate is pleased to exclusively offer for sale a single-tenant net-leased Dave’s Hot Chicken located in the heart of Waco, TX. Waco is situated on the I-35 corridor between Dallas and Austin and has made headlines with their world-famous historical district, shopping and The Magnolia Market. This asset is strategically located immediately adjacent to the I-35, and minutes away from Waco ISD Stadium (+/- 11,500 seats), Doris Miller VA Hospital (204 beds), several nearby hotels, and is +/- 4-miles from Baylor University (+/- 20,626 students).

Dave’s Hot Chicken is a fast-casual Nashville-style hot chicken sandwich concept that was founded in Hollywood, CA with 53+ locations open and 200 locations in the pipeline quickly expanding throughout the nation. The property was built in 2010 and renovated in 2022 with Dave’s Hot Chicken vibrant and eclectic buildout. The asset consists of a +/- 2,911 SF drive-thru building that is adjacent to Top Golf, Quick Trip Truck Stop, Quality Inn & Suites (70 rooms) and Baylor Scott & White Medical Center (635 beds). The asset is strategically located immediately off of the I-35 (+/- 120,000 CPD) near the signalized intersection of Jack Kultgen Fwy. and S. New Road with over +/- 18,488 CPD. The property is well-positioned within a dense residential trade area with +/- 209,228 residents with an average household income of $69,485 located within a 10-mile radius.

Contact

Shareholder

Adam Malan

Partner
Las Vegas
License S.0063542.LLC
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O 702.954.4105
C 702.449.1180
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Brokerage

Deana Marcello

Executive Vice President
Las Vegas
License S.0174174
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O 702.954.4104
C 702.375.1022
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