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Multi-Suite Office Units
New
For Lease
$3,774/Mo

720 Lake Air Drive, Waco, TX 76710

Multiple suites, a kitchenette, and covered rear parking support professional office operations.

Space Size2,000 SF
Lot Size0.16 Acres
Days on Market6

Property Features for 720 Lake Air Drive

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Lot size 0.16 Acres
Zoning C-3: General Commercial

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Office
Condition Turnkey

Additional Details

Utilities to Site Yes

Amenities

kitchenette

Building Details

Building Size 2,016 SF
Year Built 1966
Stories 1
Units 1
Listing Agency: Keller Williams Realty, Waco
Listed By: Brad Harrell · License #363789
Source: Cuddrealtyinc
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 4:33PM

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 Keller Williams Realty, Waco

Investment Insights

Based on property information with market context.

This office property includes multiple suites, an on-site kitchenette, connected utilities, and covered parking at the rear. The building was constructed in 1966 and is positioned on a 0.16-acre site with C-3: General Commercial zoning. The property also lies outside any FEMA flood zone.

Located at 720 Lake Air Drive in Waco, the property offers 50 feet of frontage along Lake Air Drive. Reported traffic volume exceeds 15,700 vehicles per day, providing direct exposure along an established commercial corridor. The configuration and existing features support office-based occupancy without adding unsupported assumptions about specific business uses.

Key Highlights

  • Multiple office suites with an on‑site kitchenette
  • 50 feet of frontage on Lake Air Drive
  • Reported traffic volume of over 15,700 vehicles per day

Property Analytics

Current Use

Blake Harrell - State ... Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Locksmith Pet Store & Service Fish Market

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,549
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

$11.99 /SF/Yr
Avg Asking Price
$7.11–$17.35 /SF/Yr
Price Range
7,254 SF
Avg Space Size

This space is priced 87% above the average of $11.99 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multiple suites, a kitchenette, and covered rear parking support professional office operations.
Where is this office units located?
The property is located at 720 Lake Air Drive Waco, TX.
What is the lease rate?
The lease rate is $3,774/Mo.
What are key features of this property?
This property features: Multiple office suites with an on‑site kitchenette; 50 feet of frontage on Lake Air Drive; Reported traffic volume of over 15,700 vehicles per day
More about this property
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