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    6001 Waco Dr Waco, TX 76710

    For Lease
    Contact for pricing

    Prime Waco shopping center space available.

    Lot size:
    685,730 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional retail opportunity is located within Richland Mall, the largest shopping center situated between Dallas-Fort Worth and Austin. The property boasts a total of 685,730 square feet across multiple suites within eight buildings, all single-story structures built in 1980 and renovated in 2014. This specific space offers 1,126 square feet, ideal for a variety of retail uses. The mall features a total of 4,191 parking spaces for ample customer convenience. The property sits on a substantial 77-acre lot in McLennan County and benefits from readily available power. The surrounding area offers a strong economic base, fueled by a robust advanced manufacturing sector with major employers such as L-3 Harris Technologies, Mars Wrigley Confectionary, Allergan Inc., and SpaceX. Furthermore, the presence of three institutions of higher learning within a 20-minute drive – Baylor University (17,000 students), McLennan Community College (8,800 students), and Texas State Technical College (3,800 students) – provides a significant and consistent customer base. The area's numerous attractions, including the Magnolia Silos, Texas Ranger Hall of Fame, and other popular destinations, draw substantial tourism, further enhancing the potential for retail success. This is a unique opportunity to establish a presence in a thriving and dynamic retail environment. Seven suites are currently available within the shopping center.

    Property Features for 6001 Waco Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    685,730 SF

    Building Details

    Year Built/Renovated
    1980/2014
    Buildings
    80
    Stories
    1

    Unit(s) available at that property

    Space
    105
    Size
    1,126 SF

    HighLights

    • Large 685,730 SF shopping center with 7 suites available for lease.
    • Located in McLennan County, Texas, this 77‑acre property boasts 4,191 parking spaces.
    • Built in 1980 and renovated in 2014, the property consists of 80 buildings, all single‑story.
    • Strong higher education presence within a 20‑minute radius, including Baylor University, McLennan Community College, and Texas State Technical College.
    • Significant tourism driven by local attractions such as Magnolia Silos and the Texas Ranger Hall of Fame.
    • Robust advanced manufacturing sector with major employers like L‑3 Harris Technologies, Mars Wrigley Confectionary, Allergan Inc., and SpaceX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    francesca's Shoe Store Earthbound Trading Co Clothing Store Hot Topic Clothing Store Dillard's Cosmetics Store Richland Mall Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.188648
    Latitude
    31.5164049

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Waco shopping center space available.
    Where is this lifestyle center located?
    The property is located at 6001 Waco Dr Waco, TX.
    What are key features of this property?
    This property features: Large 685,730 SF shopping center with 7 suites available for lease.; Located in McLennan County, Texas, this 77-acre property boasts 4,191 parking spaces.; Built in 1980 and renovated in 2014, the property consists of 80 buildings, all single-story.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6001 Waco Dr Waco, TX 76710
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