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Garden City, Downtown Retail 1726 Austin Ave 500 - 7,500 SF of Retail Space Available in Waco, TX 76701

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Highlights

  • Natural Light
  • Foot Traffic from Other Retail Businesses
  • All Utilities Included
  • Connected to New Garden City Grocery
  • Industrial Features
  • Building in National Register of Historic Places

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 500-7,500 SF
  • 9’ - 20’
  • Negotiable
  • $18.00 /SF/YR $1.50 /SF/MO $135,000 /YR $11,250 /MO
  • Full Service
Space Use
Retail
Condition
Partial Build-Out
Availability
April 01, 2026
  • Rate includes utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Anchor Space
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Corner Space
  • High Ceilings
  • Exposed Ceiling
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Finished Ceilings: 9’ - 20’
  • Energy Performance Rating - A
  • Common Parts WC Facilities
  • DDA Compliant
  • Demised WC facilities
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 500-7,500 SF 9’ - 20’ Negotiable $18.00 /SF/YR $1.50 /SF/MO $135,000 /YR $11,250 /MO Full Service

1st Floor

Size
500-7,500 SF
Ceiling
9’ - 20’
Term
Negotiable
Rental Rate
$18.00 /SF/YR $1.50 /SF/MO $135,000 /YR $11,250 /MO
Rent Type
Full Service
Space Use
Retail
Condition
Partial Build-Out
Availability
April 01, 2026

  • Rate includes utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Anchor Space
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Corner Space
  • High Ceilings
  • Exposed Ceiling
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Finished Ceilings: 9’ - 20’
  • Energy Performance Rating - A
  • Common Parts WC Facilities
  • DDA Compliant
  • Demised WC facilities
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Garden City, Downtown Retail

  • Tenant
  • Description
  • US Locations
  • Reach
  • Garden City Grocery
  • Retailer
  • -
  • -
Tenant Description US Locations Reach
Garden City Grocery Retailer - -

Property Facts

Total Space Available 7,500 SF
Min. Divisible 500 SF
Property Type Retail
Gross Leasable Area 38,740 SF
Year Built/Renovated 1950/2026
Parking Ratio 1.68/1,000 SF

About the Property

Pocket Retail and Large Format Space Opportunities at Garden City Grocery – Downtown Waco Garden City Grocery is a landmark redevelopment in the historic 1950 H-E-B building at 1726 Austin Avenue in downtown Waco. The revitalized property will feature a modern neighborhood grocery, café and juice bar, butcher shop, and community gathering spaces focused on fresh, locally sourced food and farm partnerships. A limited number of “pocket retail” spaces (~500-1000 SF each) are available adjacent to and connected with Garden City Grocery, creating a unique opportunity for small retailers, unique concepts, wellness services, or boutique operators seeking a presence within a vibrant daily-traffic destination. Space Highlights Approx. 500-1000 SF boutique retail suites (4 of 6 remaining as of 3/10/26) 7,500 SF lower-level space for a fitness or wellness operator, or urban indoor gardening or other business 10 Garden Lofts above the grocery for long-term tenants Located directly adjacent to and connected with Garden City Grocery Shared common areas including restrooms and circulation space Ideal for artisan retail, health & wellness, or boutique services Positioned within a destination grocery and community marketplace in downtown Waco at Austin and 17th Street. High visibility within a restored mid-century landmark building Development Highlights The historic property—originally Waco’s first H-E-B grocery store—is being reactivated as a modern grocery hub with curated retail, food experiences, and residential lofts. The project also includes a 7,500 SF lower-level space currently being marketed to a fitness or wellness operator, creating additional built-in customer traffic for the retail tenants above. Location Located in the heart of downtown Waco, the project sits minutes from Baylor University and major downtown attractions, placing tenants within a rapidly growing mixed-use district with strong local and visitor traffic.

  • 24 Hour Access
  • Atrium
  • Corner Lot
  • Food Court
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Tenant Controlled HVAC
  • Kiosk/Cart Space
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
  • Backup Power / Generators

Nearby Major Retailers

Sam's Southern Eatery
Pure Barre
MOD Pizza
Freddy's Frozen Custard & Steakburgers
L&l Hawaiian Barbecue
Fazoli's
Starbucks
Wells Fargo Bank
Rent-A-Center
  • Listing ID: 39712786

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 1726 Austin Ave, Waco, TX 76701

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