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NNN Retail Property
For Sale
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Pending

200 Mary Ave, Waco, TX 76701

Current occupancy stands at 51% within an NNN lease investment structure.

Property SizeContact for details
Days on Market142

Property Features for 200 Mary Ave

General Information

Standard status Pending
Property subtype Retail
Occupancy 51%
Listing Agency: Coldwell Banker Commercial Apex, Realtors
Listed By: Jordan Beard · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:12AM

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 Coldwell Banker Commercial Apex, Realtors

Investment Insights

Based on property information with market context.

This retail property is structured around an NNN lease investment and currently reports 51% occupancy. The building is identified as a possible five-tenant retail property, providing a multi-tenant configuration for consideration.

The asset is located at 200 Mary Ave in Waco, Texas. Billy Bob’s, Fuzzy’s Taco, and new hotel developments are described as being within steps of the retail space, placing the property among nearby commercial and hospitality activity.

Key Highlights

  • 51% current occupancy
  • NNN lease investment structure
  • Possible five‑tenant retail building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith 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

51%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,622
Businesses Nearby
196k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 26% Hotels & Casinos 11%
In-N-Out Burger Dining
50,697 visits/mo 0.4 miles
7-Eleven Shops & Services
16,333 visits/mo 0.3 miles
CAVA Dining
16,291 visits/mo 0.4 miles
SONIC Drive In Dining
14,663 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
13,756 visits/mo 0.3 miles

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Current occupancy stands at 51% within an NNN lease investment structure.
Where is this nnn property located?
The property is located at 200 Mary Ave Waco, TX.
What are key features of this property?
This property features: 51% current occupancy; NNN lease investment structure; Possible five‑tenant retail building
(254) 776-0000 Call to check price and availability
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