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HIGHLIGHTS
- Less than 1/4 mile from the US District Clerk
- Surrounded by entertainment, retail and restaurants
- Less than 1/2 mile from the McLennan County Courthouse
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-14,178 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
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 | 14,178 SF | Property Subtype | Storefront |
| Min. Divisible | 1,000 SF | Gross Leasable Area | 32,400 SF |
| Property Type | Retail | Year Built | 1900 |
| Total Space Available | 14,178 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 32,400 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
This historic Austin Avenue property was initially utilized as a Ford/Buick dealership/ assembly plant that has undergone an extensive historical renovation and is now filled with a mixed use retail, office and entertainment users and still boasts a wide open floor plan with tall ceilings and exposed brick that any future user or tenant will appreciate. The C-4 central commercial district is intended to provide for a wide variety of business, residential and civic activities within the central core area of the city region. The district regulations are designed to encourage a mix of functions, including retail, service, office and residential to create and maintain vitality in the central area as a focus for the community, while recognizing the specific intense urban character of the core. Located on the coveted Austin Ave in the heart of Downtown Waco - this property is just blocks from Magnolia Headquarters, Hotel and Market, Milo All Day, Balcones Distillery, Waco Ale Company, Union Hall, Terry Black’s Barbeque, Alpha Omega Restaurant, Simply Irresistible and more....
- Skylights
- Air Conditioning
NEARBY MAJOR RETAILERS
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924 Austin Ave
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