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Warehouse Space with Flex Use
For Lease
$2,500/Mo Modified Gross

1316 Franklin Ave, Waco, TX 76701

Rear warehouse area suited to logistics, light manufacturing, storage, and industrial flex operations.

Space Size3,750 SF
Days on Market59

Property Features for 1316 Franklin Ave

General Information

Standard status Active
Size 3,750 SF
Net Rentable 3,750 SF
Property subtype Industrial
Lease Type Modified Gross
Lease Term MG

Space & Availability

Available Space 3,750 SF
Contiguous Space 3,750 SF
Space Use Warehouse
Available From Immediate

Lease Terms

Lease Rate $2,500 /USD/MO
Monthly Rent $2,500
Rent per SF/Year $8

Additional Details

Road Access Yes
Warehouse Space 3,750 SF

Building Details

Building Size 3,750 SF
Year Built 1926

Spaces For Lease

at 1316 Franklin Ave Contact us

1316 Franklin Avenue $2,500/Mo

Size
3,750 SF
Type
Flex Space
Term
Negotiable
Contact us
Listing Agency: Reid Peevey Commercial
Listed By: Josh Barrett · License #TX #736690
Source: Reidpeevey
Added: Jul 3 Changed: Aug 30 Last Checked: Aug 30 at 1:05PM

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 Reid Peevey Commercial

Investment Insights

Based on property information with market context.

The rear portion of this warehouse provides approximately 3,750 SF of functional industrial space. Built in 1926, the building offers an older commercial setting with adaptable room for logistics, light manufacturing, storage, or other flex-oriented operations. The space is available for immediate lease under modified gross terms.

Positioned at 1316 Franklin Ave in Waco, the property sits along a commercial corridor between downtown and nearby residential areas. Surrounding businesses and institutions include First Methodist Church, Dealers Electrical Supply, and Balcones Distilling. Its location provides access to downtown Waco and major transportation routes.

Key Highlights

  • Approximately 3,750 SF rear warehouse portion
  • Built in 1926
  • Suitable for logistics, light manufacturing, storage, and industrial flex use

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store Butcher Catering Service

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

Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,048
Businesses Nearby
Well-served
Demand for This Use

Demographics for 76701, TX

1,674
Population
1,029
Households
1.6
Avg Household Size
29
Median Age
32%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,522
Density / Sq Mi
$24,593
Median Household Income
$21,897
Median Earnings
$1,008
Median Rent

Market

Lease Benchmarks for Waco, TX

$9.74 /SF/Yr
Avg Asking Price
$6–$16 /SF/Yr
Price Range
18,786 SF
Avg Space Size

This space is priced 18% below the average of $9.74 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Rear warehouse area suited to logistics, light manufacturing, storage, and industrial flex operations.
Where is this warehouse located?
The property is located at 1316 Franklin Ave Waco, TX.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Approximately 3,750 SF rear warehouse portion; Built in 1926; Suitable for logistics, light manufacturing, storage, and industrial flex use
More about this property
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