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Downtown Brick Flex Space
For Lease
$6 SF/Yr

125 S Waco Street, Hillsboro, TX 76645

CommercialLease, Hillsboro, TX

Space Size13,029 SF
Lot Size0.27 Acres
Days on Market177

Property Features for 125 S Waco Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description multi use residential/commercial/retail
Parking features Garage, Covered, RV, Driveway, Off Street, Parking Lot, Oversize, Alley, Gated
Subdivision Hillsboro Ot
Lot features Level, Historic District
Directions Navigate to 125 S Waco St Hillsboro TX 75220
Standard status Active
APN 113021
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description HILLSBORO OT BLK 4 LT 10A
Legal Description HILLSBORO OT BLK 4 LT 10A

Utilities

Sewer type Public Sewer

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Concrete, Hardwood, Wood
Building materials Brick
Roof type Built-Up
Listing Agency: Joe Payton
Listed By: Joseph Payton · License #0583730
Added: Apr 24 Changed: Sep 13 Last Checked: Oct 17 at 1:06PM
MLS# 21185772

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This brick flex property occupies a 0.2652-acre lot and is configured for tenant improvements. The building includes 16-foot ceilings, two 14x12 drive doors, and one 12x12 drive door. Its improvements include 23 new windows, a newer built-up roof, updated framing, and repaired flooring. Bathrooms are rough-plumbed, and temporary electric service is connected for the build-out phase.

The property is in downtown Hillsboro, across from Brookshire's grocery, with reported traffic of 9,573 vehicles per day. It is one block from the Hill County courthouse and Hillsboro Town Square, five minutes from Buc-ee's and Super Walmart, and positioned at the fork of I-35 W and I-35 E. Approved permits also support four custom loft apartments or office use.

Key Highlights

  • 16‑foot ceiling heights with two 14x12 and one 12x12 drive doors
  • 0.2652‑acre lot with fenced asphalt parking and up to 22 parking spaces
  • Brick building with 23 new windows, newer roof, framing updates, and floor repairs

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Skin Care Clinic Gym & Fitness Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76645, TX

11,274
Population
4,559
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
187.5 sq mi
ZIP Area
60
Density / Sq Mi
$61,792
Median Household Income
$33,554
Median Earnings
$941
Median Rent
$154,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with fenced parking, substantial ceiling clearance, and multiple drive-in doors configured for interior build-out.
Where is this flex space located?
The property is located at 125 S Waco Street Hillsboro, TX.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 16‑foot ceiling heights with two 14x12 and one 12x12 drive doors; 0.2652‑acre lot with fenced asphalt parking and up to 22 parking spaces; Brick building with 23 new windows, newer roof, framing updates, and floor repairs
More about this property
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