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700-702 Franklin Ave 1,466 SF of Retail Space Available in Waco, TX 76701
Highlights
- Storefront retail space with Franklin Avenue frontage in Downtown Waco.
- Located near Union Hall, Terry Black’s BBQ, AC Marriott, and Magnolia Silos.
- Walkable location with access to dining, entertainment, and hospitality venues.
- High visibility and strong traffic counts at the corner of 7th Street and Franklin Avenue.
- Flexible layout suitable for a variety of retail or service uses.
- Convenient access to I-35 and surrounding downtown amenities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,466 SF | Negotiable | $26.00 /SF/YR $2.17 /SF/MO $38,116 /YR $3,176 /MO | Triple Net (NNN) |
1st Floor, Ste A
This retail space offers 1,466 SF of storefront exposure along Franklin Avenue in the heart of Downtown Waco. Featuring high ceilings and excellent visibility, the property is positioned at the corner of 7th Street and Franklin Avenue, providing strong pedestrian and vehicular traffic. The location is surrounded by popular destinations, including Union Hall, Terry Black’s BBQ, AC Marriott, and is just one block from the Magnolia Silos, making it a prime spot for businesses seeking to capture both local and tourist activity. The space is designed for flexibility, accommodating a variety of retail or service-oriented uses. Its proximity to major attractions and hospitality venues ensures consistent foot traffic and brand exposure. With easy access to I-35 and nearby parking options, this property combines convenience with a vibrant downtown setting. This is an excellent opportunity for retailers or businesses looking to establish a presence in a dynamic and growing market with strong visibility and connectivity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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 700-702 Franklin Ave, Waco, TX 76701
- Tenant
- Description
- US Locations
- Reach
- The Man Cave
- Retailer
- 1
- -
- The Running Store
- Retailer
- 1
- -
- Waco Running Co LLC
- Shoes
- 1
- -
| Tenant | Description | US Locations | Reach |
| The Man Cave | Retailer | 1 | - |
| The Running Store | Retailer | 1 | - |
| Waco Running Co LLC | Shoes | 1 | - |
Property Facts
| Total Space Available | 1,466 SF | Gross Leasable Area | 11,600 SF |
| Property Type | Retail | Year Built/Renovated | 1910/2017 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 9.48/1,000 SF |
| Total Space Available | 1,466 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 11,600 SF |
| Year Built/Renovated | 1910/2017 |
| Parking Ratio | 9.48/1,000 SF |
About the Property
The property is a retail space located at 700 Franklin Avenue, Suite A, in Downtown Waco, Texas. It is situated at the intersection of 7th Street and Franklin Avenue. The building includes a total size of 3,346 SF, with 1,466 SF available for lease. The site is near Union Hall, Magnolia Silos, and other downtown businesses. The area is characterized by mixed-use development, hospitality venues, and pedestrian activity.
Nearby Major Retailers
