Jacob Luna Of Marcus & Millichap Represents Buyer And Seller In $5.85M Retail Sale In Waco

The property involved in this transaction is Longhorn Station, a newly developed truck stop situated on 12 acres in Axtell, Texas. The sale price for the asset was $5,850,000, and it encompasses a total square footage of 5,200. This property is categorized as a retail asset within the Waco market, with a price per square foot of $1,125.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,850,000
• Address: 195 Heritage Parkway
• Market: Waco
• Square Footage: 5,200
• Price Per Square Foot: $1,125
• Broker: Jacob Luna - Marcus & Millichap

Jacob Luna of Marcus & Millichap represented both the Buyer and Seller in this transaction. The deal included both the real estate and the business operations, allowing for strategic positioning for long-term growth along a key Central Texas transportation corridor.