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Ground-Floor Office Suite
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5020 Lakeland Cir, Waco, TX 76710

Newly renovated ground-floor office with reception area, multiple private offices, break room plumbing, and two private restrooms.

Space Size2,091 SF
Days on Market132

Property Features for 5020 Lakeland Cir

General Information

Standard status Active
Size 2,091 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 5020 Lakeland Cir Contact us

5020 Lakeland Cir $21.18 – $24/SF/Yr

Size
2,091 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Newly renovated professional office space with convenient ground floor location. -...
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Listing Agency: Cromwell Commercial Group
Listed By: Josh Carter CCIM · License #476150
Source: Moodyscre
Added: Apr 29 Changed: Aug 8 Last Checked: Sep 6 at 11:00AM

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 Cromwell Commercial Group

Investment Insights

Based on property information with market context.

Newly renovated professional office space with a convenient ground-floor location. The layout includes three entrances, a reception or waiting area, and five to seven private offices in various sizes. Large windows help brighten the work areas, and the suite also offers a dedicated break room with plumbing, two private restrooms, and storage areas.

Ample parking is available immediately outside the entrance, providing convenient access for employees and visitors.

Key Highlights

  • Newly renovated professional office space on the ground floor
  • Flexible layout with 3 entrances, reception/waiting area, and 5 to 7 private offices (various sizes)
  • Large windows throughout the office area

Property Analytics

Current Use

Boldt Denise Rene Counselor Harper C J Alternative Medicine Practice Keith Clements Warren Physician Warren Keith C Physician Boldt Randal w ... Physician

Suggested Use

Top Pick Electrical Service Daycare Center Plumbing Service (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom

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
$3.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,140
Businesses Nearby

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

$13.8 /SF/Yr
Avg Asking Price
$7.11–$22.46 /SF/Yr
Price Range
6,709 SF
Avg Space Size

This space is priced 53% above the average of $13.8 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated ground-floor office with reception area, multiple private offices, break room plumbing, and two private restrooms.
Where is this office units located?
The property is located at 5020 Lakeland Cir Waco, TX.
What is the lease rate?
The lease rate is $21.18 SF/Yr.
What are key features of this property?
This property features: Newly renovated professional office space on the ground floor; Flexible layout with 3 entrances, reception/waiting area, and 5 to 7 private offices (various sizes); Large windows throughout the office area
(254) 313-0000 Call to check price and availability
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