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Highlights
- High-visibility retail/service space with a flexible 6,000 SF layout.
- Ample on-site and overflow parking available for customers and staff.
- Convenient access to I-35 and key Waco commercial corridors.
- Positioned along Franklin Avenue with traffic counts exceeding 20,000 vehicles per day (TXDOT).
- Located near major retailers such as Lowe’s, Walmart, H-E-B Plus, and AMC Theatres.
- Situated in a growing market with strong economic and population trends.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3300 | 3,600 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $32,400 /YR $2,700 /MO | Modified Gross |
1st Floor, Ste 3300
This retail/service property offers a highly visible 6,000 SF layout designed to accommodate a variety of business types, including retail, restaurant, fitness, or service-oriented operations. Located along Franklin Avenue, the site benefits from a prime position with over 20,000 vehicles passing daily, ensuring strong exposure and accessibility for customers. The property provides ample on-site and overflow parking, supporting both customer convenience and operational efficiency. Situated in a well-established commercial corridor, the location is surrounded by major retailers and amenities, including Lowe’s, Walmart, H-E-B Plus, and AMC Theatres, creating a strong draw for consumer traffic. Waco’s central location in Texas, combined with its growing population and robust economic base, makes this property an attractive option for businesses seeking visibility and connectivity. The city’s proximity to major highways, including I-35, further enhances regional access for customers and suppliers.
- Listed rate may not include certain utilities, building services and property expenses
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.
Property Facts
| Total Space Available | 3,600 SF | Year Built | 1959 |
| Property Type | Retail | Parking Ratio | 4.45/1,000 SF |
| Gross Leasable Area | 92,677 SF |
| Total Space Available | 3,600 SF |
| Property Type | Retail |
| Gross Leasable Area | 92,677 SF |
| Year Built | 1959 |
| Parking Ratio | 4.45/1,000 SF |
About the Property
The property is located at 3126 Franklin Avenue in Waco, Texas, within a commercial corridor featuring retail and service businesses. It is zoned M2 and M3, with utilities provided by the tenant. The site offers surface parking and is accessible from Franklin Avenue, a roadway with significant daily traffic volume. Surrounding amenities include national retailers, grocery stores, and entertainment venues. The property is approximately 1.5 miles from Interstate 35, providing regional connectivity.
Nearby Major Retailers
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3300-3344 Franklin Ave
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