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Storefront Retail Space Adjacent Hotel
For Lease
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715 Washington Ave, Waco, TX 76701

Retail storefront available July 1 at 715 Washington Ave, Waco, TX, adjacent to Magnolia’s Hotel 1928.

Space Size2,030 SF
Days on Market516

Property Features for 715 Washington Ave

General Information

Standard status Active
Size 2,030 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 715 Washington Ave Contact us

715 Washington Ave $22/SF/Yr

Floor
Bldg
Size
2,030 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Prime retail space, available July 1 - Direct neighbor to Magnolia’s Hotel 1928 -...
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Listing Agency: Cromwell Commercial Group
Listed By: Gregg Glime · License #0620081
Source: Moodyscre
Added: Apr 18, 2025 Changed: Sep 3 Last Checked: Sep 14 at 10:41AM

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.

Retail storefront space available July 1 at 715 Washington Ave in Waco, Texas. The listing notes direct adjacency to Magnolia’s Hotel 1928 and a setting with heavy street and foot traffic.

The center is described as being anchored by Tecovas. The space totals 2,030 square feet, offering a dedicated retail configuration suited to retail users seeking storefront exposure in the immediate hotel corridor.

Key Highlights

  • Retail storefront available July 1 at 715 Washington Ave, Waco, TX
  • Adjacent to Magnolia’s Hotel 1928
  • Prime retail space in a high traffic area with heavy street and foot traffic

Property Analytics

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Current Use

Washington Gallery Art Gallery

Suggested Use

Top Pick Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Acupuncture Pharmacy Pet 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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,950
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Hotels & Casinos 15% Dining 8% Electronics 5%
Wells Fargo Shops & Services
9,047 visits/mo 0.4 miles
Sunoco Shops & Services
4,133 visits/mo 0.3 miles
Courtyard Waco Hotels & Casinos
3,740 visits/mo 0.5 miles
L&L Hawaiian Barbecue Dining
1,982 visits/mo 0.4 miles
Terminix Shops & Services
1,630 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Waco, TX

$14 /SF/Yr
Avg Asking Price
$12–$16 /SF/Yr
Price Range
7,801 SF
Avg Space Size

This space is priced 57% above the average of $14 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront available July 1 at 715 Washington Ave, Waco, TX, adjacent to Magnolia’s Hotel 1928.
Where is this retail space located?
The property is located at 715 Washington Ave Waco, TX.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Retail storefront available July 1 at 715 Washington Ave, Waco, TX; Adjacent to Magnolia’s Hotel 1928; Prime retail space in a high traffic area with heavy street and foot traffic
(254) 339-2200 Call to check price and availability
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