Motion Industries, Inc. Office Warehouse (NNN Investment)

6500 Depot Drive Woodway, TX 76712

FOR SALE
Property Type:
Industrial
Amount:
$795,000
Last Verified:
Apr 04, 2019

Highlights

  • Ongoing NNN Lease Expiration: 05/31/22
  • Tenant has occupied since 1994
  • 1.4408 Acres (62,761.25 SF)
  • Total Improvements: 9,580 SF
  • Warehouse: 7,500 SF
  • Office: 2,080 SF
  • Years Built: 1970 & 1983
  • Zoned: M-2: Light Industrial District
  • Depot Drive Frontage: 200’
  • Property Depth: 312' - 314.5’
  • Two Dock Doors
  • State Highway 6: 56,000 Vehicles/Day (TxDOT: 2016)
  • U.S. Highway 84: 54,000 Vehicles/Day (TxDOT: 2016)
  • 2017 Taxes: $8,958.73
  • Financials Are Available With Signed NDA

Description

H&A Commercial Team - KW Commercial would like to present this commercial real estate property for sale!

Motions Industries, Inc. has occupied this property since 1994 and is in the first year of their first five-year option, with a second five-year option to follow. Motions Industries, Inc. is an Industrial Parts Distribution Company based out of Birmingham, Alabama with a commitment to being responsible corporate citizens, and has operated in such a way for over 65 years.

This office/warehouse investment property is located at 6500 Depot Drive in Woodway, Texas, but in the city limits of Waco. There is a total of 9,580 SF of improvements, with 2,080 SF of it as office space and the remaining 7,500 SF as warehouse space. The building sits on 1.4408 Acres of land.

The warehouse has two dock doors, three-phase electricity, and is located in Waco’s M-2: Light Industrial District. The property has 200’ of frontage on Depot Drive and a depth range of 312’ to 314.5’.

This property is located in the city limits of Waco, Texas. The Waco Metropolitan Statistical Area has a population of over 270,000 people. The City of Waco is located approximately 90 miles south of the Dallas/Fort Worth area and about 100 miles north of Austin, Texas.

For more information on this property, or any of our other properties, please contact the H&A Commercial Team – KW Commercial!

This property is located just south of the State Highway 6/Loop 340 and U.S. Highway 84 intersection on Depot Drive in Waco, Texas.


Year Built: 1970
Building Size: 9580.0sq ft
Lot Size: 1.44 acres

Map of 6500 Depot Drive, Woodway, TX, 76712

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