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Waco Retail Investment Opportunity
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4533 W Waco Dr, Waco, TX 76710

Fully leased two-tenant NNN investment property in Waco, Texas.

Property Size21,800 SF
Price / SF$107.75
Days on Market678

Property Features for 4533 W Waco Dr

General Information

Standard status Active
Size 21,800 SF
Property subtype Retail
Zoning C-3
Occupancy 100%
Lease Type NNN

Building Details

Tenancy Multi
Listing Agency: Kelly Commercial
Listed By: Michael Taylor · License #TX
Source: Crexi
Added: Oct 30, 2024 Changed: Aug 31 Last Checked: Sep 7 at 3:48AM

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 Kelly Commercial

Investment Insights

Based on property information with market context.

This fully leased, two-tenant NNN investment property is located in Waco, Texas. The property includes a lease with 254 Craft Mall, expiring October 31, 2030. The seller will sign a new five-year lease at closing for the portion of the property they currently occupy. There is potential for further development on land that is not currently utilized. The property size is 21800 square feet.

Key Highlights

  • Fully leased NNN investment property
  • Long‑term lease in place with 254 Craft Mall (expires October 31, 2030)
  • Seller to sign a new 5‑year lease at closing for their occupied portion

Property Analytics

Current Use

Wilkinson Coffee Shop Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Acupuncture Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,380
Businesses Nearby
515k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 28% Apparel 19% Home Improvements & Furnishings 4%
Academy Sports + Outdoors Apparel
75,617 visits/mo 0.3 miles
Chick-fil-A Dining
54,210 visits/mo 0.5 miles
McDonald's Dining
29,931 visits/mo 0.5 miles
Michaels Shops & Services
29,899 visits/mo 0.4 miles
Barnes & Noble Shops & Services
25,270 visits/mo 0.4 miles

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

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Richland Mall 6001 W Waco Dr, Waco, TX 76710
  • Sky Jump Central 6001 W Waco Dr, Waco, TX 76710
  • Sunglass Hut 6001 W Waco Dr #415, Waco, TX 76710
  • Centerpoint Shopping Center 5184 W Waco Dr, Waco, TX 76710
  • Franklin Village Shopping Center 4600 Franklin Ave, Waco, TX 76710

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased two-tenant NNN investment property in Waco, Texas.
Where is this shopping center located?
The property is located at 4533 W Waco Dr Waco, TX.
What is the asking price?
The asking price for this property is $2,349,000.
What are key features of this property?
This property features: Fully leased NNN investment property; Long‑term lease in place with 254 Craft Mall (expires October 31, 2030); Seller to sign a new 5‑year lease at closing for their occupied portion
(254) 722-5104 Call to check price and availability
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