600 Franklin Ave Waco, TX 76701
Franklin Place offers exceptional office space in the vibrant heart of downtown Waco. This 6,148 square foot building, constructed in 2014, boasts a prime location with high visibility and excellent foot traffic. Currently, the entire building is available, offering flexible lease options ranging from 1,233 to 4,909 contiguous square feet. The property is zoned C-4 and features four individual suites, ideal for a variety of businesses, including executive offices, medical offices, creative offices, coworking spaces, or traditional office setups. Its strategic location between 6th and 7th Streets places it just a block from the popular Silos, ensuring high visibility and accessibility. Furthermore, the property benefits from its proximity to numerous upcoming developments, promising continued growth and increased foot traffic in the area. The planned construction of a Marriott Hotel directly behind the building on Mary Avenue further enhances its long-term value and appeal. This is a rare opportunity to secure a prominent location in a thriving downtown Waco submarket. The building's modern design and flexible space options make it an ideal choice for businesses seeking a high-profile address in a dynamic and rapidly developing area.
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Lianda M. Martinez, MD Medical Clinic
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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
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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.