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Retail, Office, or Medical Space
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1120 Lake Air Dr, Waco, TX 76710

Shell space suitable for retail, office, or medical use.

Space SizeContact for details
Property Size12,936 SF
Days on Market1191

Property Features for 1120 Lake Air Dr

General Information

Standard status Active
Size 12,936 SF
Class A
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 12,936 SF
Year Built 2019
Tenancy Multiple

Spaces For Lease

at 1120 Lake Air Dr Contact us

Available Space

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Reid Peevey Commercial
Listed By: Randy Reid · License #TX 333073
Source: Crexi
Added: Jun 1, 2023 Changed: Aug 26 Last Checked: Sep 2 at 4:16AM

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 Reid Peevey Commercial

Investment Insights

Based on property information with market context.

This property presents a leasing opportunity suitable for retail, office, or medical businesses. It features shell space that can be divided to suit tenant needs. The location offers convenient pull-up parking and competitive rental rates. Situated on the corner of Valley Mills Drive and Lake Air, the property benefits from a prime position within a vibrant retail corridor, ensuring high visibility.

Key Highlights

  • Prime location on the corner of Valley Mills Drive and Lake Air in a vibrant retail corridor.
  • Suitable for retail, office, or medical business.
  • Shell space that can be divided to suit tenant needs.

Property Analytics

Current Use

Bear Braces Dental Office Dr. Steven Machicek Dental Office Trek Bicycle Waco (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Building Supply Hotel & Motel Electrical Service Storage Facility

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,471
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

$12.79 /SF/Yr
Avg Asking Price
$7.5–$16 /SF/Yr
Price Range
6,403 SF
Avg Space Size

This space is priced 88% above the average of $12.79 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Shell space suitable for retail, office, or medical use.
Where is this retail space located?
The property is located at 1120 Lake Air Dr Waco, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location on the corner of Valley Mills Drive and Lake Air in a vibrant retail corridor.; Suitable for retail, office, or medical business.; Shell space that can be divided to suit tenant needs.
(254) 753-1157 Call to check price and availability
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