1120 Lake Air Dr Waco, TX 76710
For Lease
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This exceptional retail property, located at 1120 Lake Air Drive in McLennan County, presents a prime leasing opportunity for a variety of businesses. Built in 2019, the building boasts a total of 12,936 square feet, with 5,500 square feet currently available as shell space. This adaptable space is ideal for retail, office, or medical uses and can be divided to accommodate specific tenant needs. The property features a modern and attractive design, abundant natural light, and a spacious, versatile floor plan creating a professional atmosphere. Convenience is key with ample pull-up parking directly in front of the building, ensuring easy access for customers and employees. Situated within a vibrant retail corridor, this location guarantees maximum visibility and exposure to a high volume of traffic. The property offers competitive rental rates and a significant tenant improvement allowance of $30 per square foot, making it an attractive investment for prospective tenants. This is a rare opportunity to secure a well-located, modern retail space in a thriving commercial area. The property's design and location combine to create an ideal environment for businesses seeking high visibility and convenient access. Don't miss this chance to establish your business in this desirable location.
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Bear Braces Dental Office
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Dr. Steven Machicek Dental Office
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Trek Bicycle Waco (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.