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Freestanding Restaurant Building
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4500 Franklin Ave, Waco, TX 76710

Freestanding 6,163 SF restaurant building across from a Walmart Supercenter.

Space Size6,163 SF
Lot Size1.00 Acre
Days on Market124

Property Features for 4500 Franklin Ave

General Information

Standard status Active
Size 6,163 SF
Lot size 1.00 Acre
Property subtype RETAIL

Spaces For Lease

at 4500 Franklin Ave Contact us

4500 Franklin Ave

Floor
Bldg
Size
6,163 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
„ Across the street from the Walmart Supercenter „ 6,163 SF freestanding restaurant...
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Listing Agency: The Retail Connection | Dallas
Listed By: John Mathes · License #459947
Source: Moodyscre
Added: May 8 Changed: Aug 24 Last Checked: Sep 7 at 6:25AM

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 The Retail Connection | Dallas

Investment Insights

Based on property information with market context.

This freestanding restaurant building offers approximately 6,163 square feet of space and sits on about one acre. The property is identified as a former Outback Steakhouse location.

The site is located on Franklin Avenue adjacent to Richland Mall, positioned across the street from a Walmart Supercenter. The surrounding area is described as a dense restaurant and retail corridor with multiple shopping centers, including centers anchored by PetSmart and Home Zone.

As an existing restaurant facility in a retail-heavy environment, the building may be a fit for operators seeking a freestanding footprint in a high-traffic shopping corridor.

Key Highlights

  • 6,163 SF freestanding restaurant building (former Outback Steakhouse).
  • Located on Franklin Avenue adjacent to Richland Mall.
  • Approximately 1 AC site.

Property Analytics

Current Use

Outback Steakhouse Restaurant

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,050
Businesses Nearby
673k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Superstores 21% Apparel 14% Shops & Services 13%
Walmart Superstores
139,928 visits/mo 0.2 miles
Academy Sports + Outdoors Apparel
75,617 visits/mo 0.2 miles
Chick-fil-A Dining
54,210 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
36,934 visits/mo 0.3 miles
Murphy USA Shops & Services
33,637 visits/mo 0.1 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

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
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Similar Off Market Nearby

  • Ocean Buffet 505 N Valley Mills Dr, Waco, TX 76710

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding 6,163 SF restaurant building across from a Walmart Supercenter.
Where is this conventional restaurant located?
The property is located at 4500 Franklin Ave Waco, TX.
What are key features of this property?
This property features: 6,163 SF freestanding restaurant building (former Outback Steakhouse).; Located on Franklin Avenue adjacent to Richland Mall.; Approximately 1 AC site.
(214) 572-8418 Call to check price and availability
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