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Retail Space in Anchored Center
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140 N New Rd, Waco, TX 76710

Retail space in a shopping center anchored by Academy and Gold’s Gym, with strong visibility and access.

Property Size3,490 SF
Days on Market21

Property Features for 140 N New Rd

General Information

Standard status Active
Size 3,490 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Road Access Yes
Listing Agency: Reid Peevey Commercial Real Estate
Listed By: Patrick Farrar · License #547422
Source: Moodyscre
Added: Jul 10 Changed: Jul 28 Last Checked: Jul 29 at 2:41PM

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 Real Estate

Investment Insights

Based on property information with market context.

Available for lease, this retail space is part of a shopping center with a strong tenant mix and visibility supported by major anchors. The center is anchored by Academy and Gold’s Gym, and it is described as shadow-anchored by Walmart and Lowe’s, creating consistent retail draw.

The property is marketed for high traffic and great visibility, with access from three busy streets. The address is 140 N New Rd, Waco, TX 76710.

Key Highlights

  • Retail space in a shopping center anchored by Academy and Gold's Gym
  • Shadow anchored by Walmart and Lowe's
  • High traffic location with strong visibility

Property Analytics

Current Use

Nails of America & Spa Nail Salon

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Hotel & Motel Food Market Garden Center (Bike/Boat/Book/etc) 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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

952
Businesses Nearby
167k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 33% Home Improvements & Furnishings 8%
Michaels Shops & Services
29,899 visits/mo 0.4 miles
Circle K Shops & Services
20,724 visits/mo 0.5 miles
Bush's Chicken Dining
19,327 visits/mo 0.4 miles
Golden Corral Dining
15,726 visits/mo 0.4 miles
Dollar General Shops & Services
12,547 visits/mo 0.4 miles

Demographics for 76710, TX

24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
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

This space is priced 92% above the average of $14.6 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a shopping center anchored by Academy and Gold’s Gym, with strong visibility and access.
Where is this shopping center located?
The property is located at 140 N New Rd Waco, TX.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Retail space in a shopping center anchored by Academy and Gold's Gym; Shadow anchored by Walmart and Lowe's; High traffic location with strong visibility
(254) 749-0613 Call to check price and availability
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