Brad Wetzel, Commercial Real Estate

06/17/2025

✨ NEW BUILD ALERT ✨

This steel-framed 3-bed home in Mart, TX was just completed by Metal Mansions Unlimited — and it's everything you're looking for.

✅ Brand-new construction
💨 Steel-framed home
🛠️ Room for a workshop or shed
🛏️ 3 bed | 2 bath
📍Short drive to Waco

Don’t miss this rare opportunity for affordable, high-quality new construction in Central Texas!

📱Give me a call to schedule your private showing. 254-709-9703

09/23/2024

The anchor tenant, the commercial real estate MVP!

An anchor tenant is the largest and most established store in a retail center. They typically occupy a significant amount of space and are strategically placed to attract a large customer base. Think: Macy's at the mall or a major grocery store like Target in a strip center.

Why are they so important?

✔️ Increased foot traffic: Shoppers drawn to the anchor tenant browse nearby stores, boosting overall sales for the entire center.

✔️ Credibility & stability: A well-known anchor tenant lends a sense of legitimacy and stability to the entire development.

✔️ Negotiation leverage: Landlords often offer anchor tenants discounted rent in exchange for long-term leases, creating a win-win situation.

Looking for the perfect commercial space? I can help you find a location with a strong anchor tenant to maximize your business success!

09/09/2024

The Texas Water Development Board (TWDB) has introduced the state’s first comprehensive flood plan, marking a significant advancement in flood management and resilience. 🚀

Why This Matters for Commercial Real Estate and Economic Development:

🏢 Risk Reduction: By addressing flood risks statewide, the plan helps protect commercial properties from potential damage, enhancing long-term investment security.

📈 Economic Growth: Improved flood management fosters a stable environment for businesses, supporting economic development and attracting new investments.

💡 Informed Decisions: Data-driven strategies and clear funding pathways ensure effective implementation, creating a more predictable and resilient real estate market.

This strategic plan promises to bolster Texas’s economic landscape while safeguarding properties and communities. Stay informed about how these developments could impact your investments!

09/03/2024

Grocery powerhouse H-E-B has acquired nearly 37 acres at the prime corner of South Hewitt Drive and Interstate 35! While it's still unclear when or if a new store will break ground, this strategic land purchase signals potential growth and opportunity for our local commercial sector.

📈 Why This Matters:

Increased Demand: With H-E-B's expansion, local businesses could see a surge in foot traffic, boosting the appeal of surrounding commercial properties.

Property Value Boost: New developments often lead to increased property values and attract further investment in the area.

Community Growth: The rapid rise in new single-family housing nearby means more residents and more potential customers for local businesses.

🌟 What’s Next?

NewQuest Properties is actively marketing nearby sites, and interest is growing as investors await clarity on H-E-B’s plans.
The area’s development potential is evident, as seen in successful projects like those at New Road and I-35.

Stay tuned as we keep an eye on this promising development and how it might reshape Waco’s commercial landscape!

-E-B

09/02/2024

08/26/2024

🚍 Commercial Real Estate Enthusiasts! 🚍

The “Best of Texas Bus Tour” presented by Day One Experts is taking place this October! This premier event welcomes international members of the Certified Commercial Investment Member (CCIM), other interested communities, businesses, and sponsors to take part on a comprehensive journey across Texas, spotlighting the state’s top commercial real estate properties and investment opportunities.

📅 Event Details:

Date: October 1-5, 2024
Stops: Huntsville, Gulf Coast, Upper East Texas, the DFW Metroplex, and
🌟 CENTRAL TEXAS 🌟

Discover:

▪️ Premier Properties: Explore high-profile commercial spaces that are driving the local economy.

▪️ Emerging Opportunities: Learn about exciting investment prospects and development trends shaping the region.

▪️ Networking: Connect with key industry leaders and gain valuable insights into the Central Texas real estate landscape.

🔍 Why Attend?

✅ In-Depth Property Tours: Get exclusive access to some of the most sought-after properties in Texas.

✅ Expert Insights: Hear from top industry experts and gain a deeper understanding of market trends.

✅ Networking Opportunities: Build relationships with fellow real estate professionals and investors.

Don’t miss this chance to experience the best of Texas real estate firsthand! 🚀
Register by September 1st at https://d1experts.com/texas-tour.

08/22/2024

The Waco Downtown Redevelopment project is officially underway, bringing a wave of transformation to the heart of our city! 🌟

Key highlights include:

🏢 New Developments: Fresh residential and commercial spaces are being introduced, offering dynamic opportunities for businesses and residents alike.

🌳 Enhanced Public Spaces: Expect beautifully walkable spaces such as redesigned parks, pedestrian-friendly streets, and vibrant community areas.

👓 Strategic Vision: The initiative aims to transform downtown Waco into a vibrant, mixed-use area with a focus on economic growth, cultural enrichment, and improved public spaces.

Waco’s downtown is set to become a thriving center of activity and innovation. Stay tuned for more updates and get ready to be a part of the future of Waco!

08/19/2024

Cap rates are a key metric for commercial real estate investors, but what exactly do they tell you?

Here are the 5 factors that influence cap rates, helping you understand the potential return on your next investment:

🧩 Property Type: Different properties have different risks. Apartments with many tenants offer stability, leading to lower cap rates (investors accept a lower return for less risk). Retail or office buildings with fewer tenants carry more risk and typically have higher cap rates.

🧩 Location: Prime locations with high demand see lower cap rates as investors are willing to accept lower returns for a "sure thing." Secondary or tertiary markets might require higher cap rates to attract buyers.

🧩 Tenant Credit: Reliable national tenants with strong credit history mean lower risk for investors, translating to lower cap rates. Smaller, local businesses might require higher cap rates due to perceived higher risk.

🧩 Rent Growth Potential: Properties with below-market rents can be attractive if there's potential to raise rents soon. Investors might accept a lower initial return for the chance of higher future profits.

🧩 Comparable Sales: Looking at cap rates of similar properties that recently sold helps determine a fair cap rate for your target property.

Remember: Cap rates are just one piece of the 🧩 . Consult with a professional before making any investment decisions!

08/16/2024

📍 Prime Development Opportunity in Waco, TX! 🌆
30 acre prime development site located at 1401 Lake Shore Dr. in Waco! This flat and cleared site offers a wide range of possibilities with its O-2 zoning. Whether you're planning multifamily residences, retail centers, or outdoor recreation spaces, this is the perfect canvas for your vision. Located within TIF Zone #3, adjacent to the top-rated Camp Fimfo resort, and just 1 minute from McLennan Community College, this site is primed for growth. 🏗️
Contact Brad Wetzel for more information and to schedule a site visit. 📞

08/15/2024

‼️Densely populated market area‼️
1912-1914 Park Lake Dr. Waco TX 76708

08/14/2024

👀3320 W. WACO DRIVE👀