Building Details

Building Size 3,400 SF

Tenancy Single

Spaces For Lease

at 1516 Hewitt Dr Contact us

Available Space

Size

3,400 SF

Type

Retail

Lease Type

NNN

Availability

Active

Contact us

Listing Agency: Kelly Commercial

Listed By: Colt Kelly · License #TX 717734 Show Phone

Source: Crexi

Added: Aug 31, 2022 Changed: Aug 26 Last Checked: Aug 28 at 9:27PM

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Investment Insights

Based on property information with market context.

This is a 3,400 square foot retail space available for rent.

Key Highlights

• Retail Space Available
• 3,400 SF

Property Analytics

Property Profile

Current Use

Big Ben Dry ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Electrical Service HVAC 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

NNN (Triple Net)

Lease Type

$4.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

347

Businesses Nearby

267k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 77% Shops & Services 14% Home Improvements & Furnishings 4% Apparel 3%

Raising Cane's Chicken Fingers Dining

28,820 visits/mo 0.1 miles

Whataburger Dining

28,517 visits/mo 0.1 miles

McDonald's Dining

27,697 visits/mo 0.4 miles

Bush's Chicken Dining

17,705 visits/mo 0.3 miles

SONIC Drive In Dining

17,087 visits/mo 0.1 miles

Demographics for 76712, TX

27,800

Population

11,704

Households

2.4

Avg Household Size

41

Median Age

49%

College-Educated

96%

High-School Grad

52.4 sq mi

ZIP Area

531

Density / Sq Mi

$96,267

Median Household Income

$56,879

Median Earnings

$1,333

Median Rent

$302,100

Median Home Value

Market

Lease Benchmarks for Waco, TX

$12.79 /SF/Yr

Avg Asking Price

$7.5–$16 /SF/Yr

Price Range

6,403 SF

Avg Space Size

This space is priced 119% above the average of $12.79 /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

Questions? Ask Rey

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

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - 3,400 SF retail space available for rent.

Where is this retail space located?

The property is located at 1516 Hewitt Dr 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 Available; 3,400 SF