For Lease
$14-$18 /SF/YR

512 New Rd Waco, TX 76710

Prime Waco retail space available.

Overview

Added:
Dec 11, 2024
Days on market:
137
This single-story, 47,915 square foot retail strip center and restaurant space, located at 512-616 N. New Road in Waco, Texas, presents a compelling investment opportunity. Built in 1980, the property boasts high visibility and accessibility, situated in Waco's business district between Valley Mills Drive and Waco Drive. Currently, 19,702 square feet of space is available for lease, with spaces ranging from a minimum of 1,232 square feet to a maximum contiguous space of 6,440 square feet. The property is zoned C-3cv, allowing for a wide variety of commercial uses. This zoning designation, typical of General Commercial Districts, is designed to accommodate diverse businesses with easy access to major transportation routes. The lot size, building height, and yard requirements adhere to modern commercial development standards, both for individual sites and larger centers. This property offers excellent potential for both individual tenants and larger businesses seeking a prominent location in a thriving Waco market. The property's location ensures high traffic volume and strong brand visibility. This is an exceptional opportunity to acquire a well-positioned retail center in a dynamic Texas market. The address is 512-616 N. New Road, Waco, TX 76710.

Highlights

  • C-3 General Commercial Zoning.
  • Tenant responsible for utilities.
  • Modified gross lease structure.
  • High accessibility.
  • High-traffic location.
  • Excellent street visibility.

Property Details for 512 New Rd

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
47,915 SF
Year Built
1980
Stories
1

Unit(s) available at that property

Space
600 N. New Rd
Size
6,440 SF
Rate per SF
$14
Space
608 N. New Rd
Size
2,400 SF
Rate per SF
$15
Space
606 N. New Rd
Size
3,300 SF
Rate per SF
$15
Space
604 N. New Rd
Size
3,000 SF
Rate per SF
$15
Space
538 N. New Road
Size
1,232 SF
Rate per SF
$18

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.5275749
Longitude
-97.1734932

FAQs

What type of property is this?
Neighborhood center - Prime Waco retail space available.
Where is the neighborhood center located?
The property is located at 512 New Rd Waco, TX.
What is the lease rate?
The lease rate is $14-$18 /SF/YR.
What are key features of this property?
This property features: C-3 General Commercial Zoning.; Tenant responsible for utilities.; Modified gross lease structure.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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512 New Rd
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