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Retail/Restaurant Spaces in High-Profile Center
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721 S 4th St, Waco, TX 76706

Two retail/restaurant spaces available within a high-visibility retail center serving Baylor University and downtown Waco.

Property Size900 SF
Days on Market1268

Property Features for 721 S 4th St

General Information

Standard status Active
Size 900 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Collett Retail - Dallas
Listed By: Robert Wright
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 26 Last Checked: Jul 29 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Collett Retail - Dallas

Investment Insights

Based on property information with market context.

This high-profile retail center offers two available retail/restaurant spaces. Space sizes include 1,000 SF and 846 SF, providing options for tenants seeking inline retail or restaurant concepts within the existing shopping center environment.

The center is described as having I-35 visibility and serving Baylor University, the new $350M football stadium, Magnolia Silos (1.9M visitors annually), and the downtown areas. Nearby and co-tenants named in the remarks include In-N-Out Burger, CVS, Chipotle, Jersey Mike’s, Tiff’s Treats, Wei Tasty Asian, Smoothie King, and Bank of America.

Current enrollment at Baylor University is listed at 16,959 students with 1,250 academic staff members, supporting the center’s activity from a major campus customer base.

Key Highlights

  • High‑profile retail center with I‑35 visibility serving Baylor University, Magnolia Silos, and downtown Waco
  • 2 available retail/restaurant spaces: 1,000 SF and 846 SF
  • Area tenants include In‑N‑Out Burger, CVS, Chipotle, Jersey Mike's, Tiff's Treats, Wei Tasty Asian, Smoothie King, and Bank of America

Property Analytics

Current Use

Chipotle Mexican Grill Restaurant Wei Tasty Asian ... Restaurant Smoothie King Specialty Food Shop Waco CBD (Bike/Boat/Book/etc) Store Waco Mc Lennan ... Public Safety Office

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Garden 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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,499
Businesses Nearby
385k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Shops & Services 15% Hotels & Casinos 4%
Chick-fil-A Dining
55,091 visits/mo 0.3 miles
In-N-Out Burger Dining
50,697 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
44,368 visits/mo 0.4 miles
Whataburger Dining
35,517 visits/mo 0.3 miles
Panera Bread Dining
18,048 visits/mo 0.3 miles

Demographics for 76706, TX

39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value

Market

Lease Benchmarks for Waco, TX

$14.6 /SF/Yr
Avg Asking Price
$6–$20 /SF/Yr
Price Range
106,529 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Magnolia Farms — 418 S 8th St, Waco, TX 76706
  • Waco Country Mart — 1002 Austin Ave, Waco, TX 76701
  • The Containery — 319 s 4th st, waco, tx 76701
  • Mary Avenue Market — 300 S 6th St, Waco, TX 76701
  • The Wetterman Building — 319 S 4th St, Waco, TX 76701

Frequently Asked Questions

What type of property is this?
Shopping center - Two retail/restaurant spaces available within a high-visibility retail center serving Baylor University and downtown Waco.
Where is this shopping center located?
The property is located at 721 S 4th St Waco, TX.
What are key features of this property?
This property features: High‑profile retail center with I‑35 visibility serving Baylor University, Magnolia Silos, and downtown Waco; 2 available retail/restaurant spaces: 1,000 SF and 846 SF; Area tenants include In‑N‑Out Burger, CVS, Chipotle, Jersey Mike's, Tiff's Treats, Wei Tasty Asian, Smoothie King, and Bank of America
(214) 996-9990 Call to check price and availability
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