Waco, TX Commercial Real Estate for Lease and Sale

Explore 201 listings of Waco commercial real estate to find the best space for your business.

Lakeway Shopping Center

7023 Sanger Ave, Richland Hills, Waco, TX
Property

Retail

13,763 SF
For Sale Contact for pricing
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2221 La Salle Avenue

2221 La Salle Avenue, University, Waco, TX
Property

Retail

25,992 SF
Year Built

1970
For Sale

$1,150,000
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The Terminal

5601 W Waco Dr, Richland Hills, Waco, TX
Property

Industrial

192,000 SF
Year Built

1974
For Sale

Call for Pricing
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1900 W Loop 340

1900 W Loop 340, Kendrick, Woodway, TX
Property

Industrial

8,100 SF
Availability

1 Space

8,100 SF
Year Built

2007
For Lease

$10.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
5006 Lakeland Circle

5006 Lakeland Circle, Mountainview, Waco, TX
Property

Office

618 SF
Availability

1 Space

618 SF
For Lease

$19.42/SF/YR
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504 Austin Avenue

504 Austin Ave, Brazos, Waco, TX
Property

Office

4,020 SF
Availability

1 Space

4,020 SF
Year Built

1930
For Lease

$24.00/SF/YR
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525 Herring Avenue

525 Herring Avenue, Carver, Waco, TX
Property

VacantLand
For Sale

$825,000
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1026 E Craven Ave

1026 E Craven Ave, Lacy-Lakeview, Waco, TX
Property

Industrial

2,400 SF
For Sale

$400,000
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1002 Austin Ave

1002 Austin Ave, Brazos, Waco, TX
Property

Other
Availability

1 Space

12,194 SF
For Lease Contact for pricing
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4412 Bellmead Dr

4412 Bellmead Dr, Bellmead, Waco, TX
Property

Industrial

9,700 SF
For Sale

$449,500
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3321 Hillcrest Dr

3321 Hillcrest Dr, Landon Branch, Waco, TX
Property

Office

1,816 SF
Availability

1 Space

1,816 SF
For Lease

$2,250.00/MO
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1205 N Loop 340

1205 N Loop 340, Bellmead, Waco, TX
Property

Retail

68,312 SF
For Sale

$6,800,000
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3321 Hillcrest Dr

3321 Hillcrest Dr, Landon Branch, Waco, TX
Property

Office

1,816 SF
For Sale

$195,000
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3325 S Jack Kultgen Expy

3325 S Jack Kultgen Expy, Kendrick, Waco, TX
Property

Industrial

12,468 SF
For Sale

$2,300,000
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408 N Valley Mills Dr

408 N Valley Mills Dr, Kendrick, Waco, TX
Property

Retail

60,621 SF
Availability

1 Space

60,621 SF
For Lease

$9.00 - $13.00/SF/YR
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Green Acres Trail

Green Acres Trail, Bellmead, TX
Property

VacantLand
For Sale Contact for pricing
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1508 Speight Ave

1508 Speight Ave, Baylor, Waco, TX
Property

Retail

2,500 SF
Availability

1 Space

2,500 SF
For Lease

$24.00/SF/YR
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The Terminal

5601 W Waco Dr Rear, Richland Hills, Waco, TX
Property

Industrial

12,500 SF
Availability

1 Space

12,500 SF
Year Built

1974
For Lease

$9.00/SF/YR
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211 Webster Ave

211 Webster Ave, Brazos, Waco, TX
Property

Industrial
Availability

1 Space

26,578 SF
For Lease

$4.20/SF/YR
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5002-5020 Lakeland Circle

5002-5020 Lakeland Circle, Mountainview, Waco, TX
Property

Office

226 SF
Availability

1 Space

226 SF
For Lease

$25.50/SF/YR
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601 W State Highway 6

601 W State Highway 6, Richland Hills, Waco, TX
Property

Office
Availability

1 Space

2,140 SF
For Lease

$18.00/SF/YR
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924 Austin Ave

924 Austin Ave, Brazos, Waco, TX
Property

Retail
Availability

1 Space

14,178 SF
For Lease Contact for pricing
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16 Steinbeck Bend Dr

16 Steinbeck Bend Dr, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$1,500,000
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1200 Mary Ave

1200 Mary Ave, Brazos, Waco, TX
Property

Industrial

17,500 SF
For Sale

$1,795,000
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Lake Shore Dr

Lake Shore Dr, Cedar Ridge, Waco, TX
Property

VacantLand
For Sale Contact for pricing
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2420 W Waco Dr

2420 W Waco Dr, Austin Ave, Waco, TX
Property

Retail

1,300 SF
Availability

1 Space

1,300 SF
For Lease

$1,625.00/MO
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408 S Lacy Dr

408 S Lacy Dr, Lacy-Lakeview, WACO, TX
Property

VacantLand
For Sale

$500,000
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2508 Marlin Hwy

2508 Marlin Hwy, Timbercrest, Waco, TX
Property

Industrial

10,680 SF
For Sale

$1,795,000
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North New Road Retail Center

512 - 616 N. New Road, Richland Hills, Waco, TX
Property

Retail

47,915 SF
Availability

8 Spaces

24,022 SF
Year Built

1980
For Lease

$14.00 - $18.00/SF/YR
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1503 Austin Ave

1503 Austin Ave, Brazos, Waco, TX
Property

Retail

500 SF
Availability

1 Space

500 SF
For Lease

$30.00/SF/YR
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Six West Medical Center

601 W State Highway 6, Richland Hills, Waco, TX
Property

Office

105,787 SF
Availability

3 Spaces

3,970 SF
Year Built

1981
For Lease Contact for pricing
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301 S 13th St

301 S 13th St, Brazos, Waco, TX
Property

Industrial

15,000 SF
For Sale

$1,095,000
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1512 Lake Air Dr

1512 Lake Air Dr, Mountainview, Waco, TX
Property

Office

1,417 SF
Availability

1 Space

1,417 SF
For Lease

$24.00/SF/YR
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1215 Lake Air Dr

1215 Lake Air Dr, Brookview-Heart of Texas, Waco, TX
Property

Office

2,727 SF
Availability

1 Space

2,727 SF
For Lease

$18.00/SF/YR
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2324 Marketplace Dr

2324 Marketplace Dr, Kendrick, Waco, TX
Property

Retail

2,224 SF
Availability

1 Space

2,224 SF
For Lease

$26.00 - $28.00/SF/YR
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2332 S 18th St

2332 S 18th St, Alta Vista, Waco, TX
Property

VacantLand

139,740 Acre
For Sale

$700,000
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2403 W Waco Dr

2403 W Waco Dr, Sanger-Heights, Waco, TX
Property

Office

1,250 SF
Availability

1 Space

1,250 SF
For Lease

$1,500.00/MO
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Six West Medical Center

601 West State Highway 6, Richland Hills, Waco, TX
Property

Office

105,787 SF
Availability

3 Spaces

3,970 SF
Year Built

2007
For Lease

$18.00/SF/YR
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5900 Franklin Avenue

5900 Franklin Avenue, Kendrick, Waco, TX
Property

Flex Space

64,000 SF
Availability

1 Space

1,087 SF
Year Built

1968
For Lease Contact for pricing
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25N Coworking Waco
25N Coworking
510 Austin Avenue, Waco, TX
Services

Meeting Room
Amenities

Free water

High-speed wifi

Parking

Privacy booths

Professional & social events

TV/Monitor

Window view
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The Terminal

5601 W Waco Dr - Warehouse Distribution, Richland Hills, Waco, TX
Property

Industrial

84,724 SF
Availability

1 Space

84,724 SF
Year Built

1974
For Lease

$7.00/SF/YR
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3400 Bosque Blvd

3400 Bosque Blvd, Brookview-Heart of Texas, Waco, TX
Property

Retail

40,000 SF
For Sale

$1,500,000
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The "Out" House

5500 Franklin Ave, Kendrick, Waco, TX
Property

Retail

15,000 SF
For Sale

$1,600,000
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1513 S Valley Mills Dr

1513 S Valley Mills Dr, Beverly Hills, Waco, TX
Property

Retail

11,280 SF
Availability

1 Space

11,280 SF
For Lease Contact for pricing
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1205 N Loop 340

1205 N Loop 340, Bellmead, Waco, TX
Property

Other

68,312 SF
Availability

1 Space

68,312 SF
For Lease Contact for pricing
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1120 Lake Air

1120 Lake Air, Brookview-Heart of Texas, Waco, TX
Property

Retail

12,936 SF
Availability

1 Space

5,500 SF
For Lease

$28.00/SF/YR
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1201 Lake Air Dr

1201 Lake Air Dr, Brookview-Heart of Texas, Waco, TX
Property

Retail

1,771 SF
Availability

1 Space

1,771 SF
For Lease Contact for pricing
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China Spring Road Pad Site

9508 China Spring Rd, North Lake Waco, Waco, TX
Property

VacantLand
For Sale

$719,263
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319 S 4th St

319 S 4th St, Brazos, Waco, TX
Property

Retail
Availability

1 Space

640 SF
For Lease

$1,516.09 - $2,216.09/MO
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1530 Washington Ave

1530 Washington Ave, Brazos, Waco, TX
Property

Retail

2,452 SF
Availability

1 Space

2,452 SF
For Lease

$15.00/SF/YR
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1101 Wooded Acres Dr

1101 Wooded Acres Dr, Brookview-Heart of Texas, Waco, TX
Property

Office

1,791 SF
Availability

1 Space

1,791 SF
For Lease

$14.00/SF/YR
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300 S Valley Mills Dr

300 S Valley Mills Dr, Austin Ave, Waco, TX
Property

Industrial

12,368 SF
Availability

1 Space

12,368 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Waco commercial real estate market incorporates 349,904 square feet of office space across 38 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Waco, the coworking segment of the commercial real estate market incorporates about 1,163 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Waco commercial real estate market includes 1,217,846 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Waco market, there is a total of 352,456 square feet of industrial property.

The listing inventory in Waco incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Waco is represented by Industrial space, which accounts for 454,551 square feet of available listings. Retail space available in Waco adds up to 446,334 square feet.

Meanwhile, most of the listings of commercial property for sale in Waco are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Waco is $17.35 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Waco can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Waco, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Waco is in the Richland Hills neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Richland Hills area.

Meanwhile, retail space opportunities are most abundant in the Kendrick submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Austin Ave.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $41.55 per square foot. In particular, the property type commanding the highest lease rates in Waco was Office space.

The average size of a commercial property in Waco depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Waco, the average size of an office property is 24,994 square feet.
Retail properties here incorporate an average of 57,993 square feet.
Industrial space in Waco is in buildings that are, on average 50,351 square feet in size.

Waco, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waco currently add up to 1,205,700 square feet. The market offers 34 active office listing(s), which amount to 145,387 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 457,158 square feet across 49 retail space(s). Industrial space for rent opportunities in Waco amount to 473,151 square feet across a total of 19 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	34	145,387
Retail	49	457,158
Industrial	19	473,151
Other	9	130,004

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Waco, TX. Currently, there is 1,071,015 square feet of commercial property for sale here , which includes 6 office building(s) for sale , 15 retail investment opportunity listing(s) , and 7 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	6	41,320
Retail	15	326,112
Industrial	7	539,061
Other	50	164,522

Waco, TX Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Waco, TX?

What factors affect the price of commercial real estate in Waco, TX?

What is the average rent for commercial space in Waco, TX?

What are the best areas for commercial real estate in Waco, TX?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Waco, TX?

Waco, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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