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Retail/Office Space on Hewitt Drive
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511 N Hewitt Dr, Hewitt, TX 76643

Retail or office space in a high-traffic location.

Space Size1,200 SF
Property Size2,400 SF
Days on Market1279

Property Features for 511 N Hewitt Dr

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 2,400 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 511 N Hewitt Dr Contact us

Suite 4

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 5

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Apex, Realtors
Listed By: Gregg Glime, SIOR, CCIM · License #620081
Source: Crexi
Added: Feb 27, 2023 Changed: Aug 26 Last Checked: Aug 29 at 1:15PM

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 Coldwell Banker Commercial Apex, Realtors

Investment Insights

Based on property information with market context.

This retail or office space is situated on Hewitt Drive, directly across from Midway High School. The surrounding shopping center includes Baylor Scott and White, Midway Nutrition, Home Instead Senior Care, Texas Car Title and Payday Loan Services, and Lynn's Pharmacy. The property benefits from its location on the rapidly developing Hewitt Drive, near multiple school campuses and both local and national retailers. Its proximity to Waco's industrial park contributes to high daytime employment figures, complemented by significant residential growth and ongoing construction in the area. This location is suitable for a variety of business uses.

Key Highlights

  • Prime location on Hewitt Drive, directly across from Midway High School.
  • High traffic area, benefitting from strong daytime employment and residential growth.
  • Located in a rapidly developing area near schools and retailers.

Property Analytics

Current Use

Baylor Scott & White ... Medical Clinic Lynn's Pharmacy Hewitt Pharmacy Michael L Carlisle ... Insurance Agency The Golden shear Waco Barber Shop Salon 511 Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Daycare Center Carpet & Flooring Store Food 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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 76643, TX

16,044
Population
6,231
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
95%
High-School Grad
7.6 sq mi
ZIP Area
2,111
Density / Sq Mi
$83,798
Median Household Income
$50,432
Median Earnings
$1,389
Median Rent
$252,200
Median Home Value

Market

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?
Retail space - Retail or office space in a high-traffic location.
Where is this retail space located?
The property is located at 511 N Hewitt Dr Hewitt, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime location on Hewitt Drive, directly across from Midway High School.; High traffic area, benefitting from strong daytime employment and residential growth.; Located in a rapidly developing area near schools and retailers.
(254) 313-0000 Call to check price and availability
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