72 University Parks Dr Waco, TX 76706
This exceptional 343-square-foot executive office suite is ideally located at 1477 Knowles Avenue, Suite 101, in New Richmond. Available for lease starting November 15th, 2024, this single-tenant space offers a highly convenient location near Kwik Trip and Caribou Coffee, ensuring easy access for clients and employees. The suite boasts two private offices and a reception/office area, providing ample space for a small business or professional practice. The full gross lease of $825 per month includes all utilities except internet and phone service, offering predictable and manageable operating costs. High-speed internet access is available in the building. The property features a private parking lot and the opportunity for boulevard signage, enhancing visibility and brand recognition. Common area restrooms are maintained as part of the lease, ensuring a clean and professional environment. The building itself is well-maintained, reflecting a commitment to providing a high-quality workspace. This is a fantastic opportunity for a business seeking a move-in ready, professionally managed office space in a desirable location. All information is believed to be accurate but is not guaranteed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.