Waco Retail Space
For Lease
$10 SF/Yr
240 North New Road, Waco, TX 76710
15,000 SF retail space in high-traffic Waco Centre.
Space Size51,055 SF
Days on Market281
Property Features for 240 North New Road
General Information
Standard status
Active
Size
51,055 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
51,055 SF
Spaces For Lease
at 240 North New Road Contact us- Size
- 51,055 SF
- Type
- Power Center
- Term
- Negotiable
Former Conn's Appliances $10/SF/Yr
Listing Agency:
(254) 749-0613
Listed By:
Pat Farrar · License #TX #547422
Source:
Reidpeevey
Added: Nov 21, 2025
Changed: Aug 14
Last Checked: Aug 29 at 6:30AM
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 Pat Farrar
Investment Insights
Based on property information with market context.
A 15,000 square foot retail space is available within the Waco Centre. This shopping destination benefits from high traffic and visibility, along with accessibility from three major streets. The location is in the heart of Waco, with frontage on Waco Drive, Franklin Avenue, and New Road. Multiple points of entry and lit intersections enhance visibility and accessibility. Academy Sports and Gold's Gym anchor the property, contributing to consistent traffic and ample parking. The center is shadow-anchored by Walmart and Lowe's, and features a good tenant mix.
Key Highlights
- High‑traffic location in the popular Waco Centre.
- Excellent visibility with frontage on three major streets (Waco Dr, Franklin Ave, and New Road).
- Anchored by Academy Sports and Gold's Gym, ensuring consistent customer flow.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
716k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Superstores 22%
Shops & Services 18%
Apparel 13%
Walmart
Superstores
139,928 visits/mo
0.4 miles
Academy Sports + Outdoors
Apparel
75,617 visits/mo
0.0 miles
Chick-fil-A
Dining
54,210 visits/mo
0.3 miles
Raising Cane's Chicken Fingers
Dining
36,934 visits/mo
0.5 miles
Murphy USA
Shops & Services
33,637 visits/mo
0.3 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
$13.2 /SF/Yr
Avg Asking Price
$6–$20 /SF/Yr
Price Range
39,293 SF
Avg Space Size
This space is priced 24% below the average of $13.2 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Centerpoint Shopping Center — 5184 W Waco Dr, Waco, TX 76710
- Franklin Village Shopping Center — 4600 Franklin Ave, Waco, TX 76710
- Waco Centre — 200 n new rd, waco, tx 76710
- Coinstar Kiosk | Bitcoin ATM — PLS Financial Services, Inc, 600 N Valley Mills Dr, Waco, TX 76710
- Brazos Place Shopping Center — Waco, TX 76710
Frequently Asked Questions
What type of property is this?
Shopping center - 15,000 SF retail space in high-traffic Waco Centre.
Where is this shopping center located?
The property is located at 240 North New Road Waco, TX.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High‑traffic location in the popular Waco Centre.; Excellent visibility with frontage on three major streets (Waco Dr, Franklin Ave, and New Road).; Anchored by Academy Sports and Gold's Gym, ensuring consistent customer flow.
