Waco, TX Restaurants for Lease

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Updated: Nov 21, 2025

Retail Space Near Magnolia Silos

1001 Webster Ave, Waco, TX 76706

$20 SF/Yr

57,410 sqft

Located in the Magnolia‑Silo District, providing access to both local and tourist traffic.
Unique market virtually inaccessible elsewhere in town.
Easily accessible to Baylor University and Downtown Waco.
Direct access to I‑35 and Downtown Waco off 11th Street.
57,000 SF of mixed‑use synergistic retail space.**

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Updated: Apr 29

Corner Turn-Key Restaurant

2803 Franklin Ave, Waco, TX 76710

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7,120 sqft

Turn‑key restaurant space with full FF&E included
Corner site with signage and visibility along Franklin Ave
High traffic counts along Franklin Ave
Zoned M‑2 (flexible commercial/restaurant use)
Available for sale or for lease

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Freestanding Restaurant Building

4500 Franklin Ave, Waco, TX 76710

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6,163 sqft 1.00 AC lot

Freestanding 6,163 SF restaurant building across from a Walmart Supercenter.

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Conventional Restaurant with Parking

3927 Interstate 35 S, Waco, TX 76711

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6,197 sqft

Ample on-site parking with 130 spaces supports a conventional restaurant location in a high-traffic retail corridor.

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Standalone Restaurant with Dual Drive-Through

6500 Woodway Dr, Suite 100, Waco, TX 76712

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Standalone building offers dual drive-through lanes at a high-traffic retail intersection in Waco.

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Mixed-Use Restaurant and Retail Space

1509 Austin Ave, Waco, TX 76701

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8,835 sqft

Restaurant and retail space includes a commercial kitchen with on-site and street parking.

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Restaurant and Retail with Commercial Kitchen

1509 Austin Ave, Waco, TX 76701

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2,034 sqft

Mixed-use restaurant and retail space with a commercial kitchen and on-site plus street parking on Austin Avenue.

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Retail Space with Drive-Thru

901 N Loop 340, Waco, TX

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2,400 sqft 2.21 AC lot

Retail space with drive-thru, end cap, and ample parking.

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Freestanding Restaurant with Drive-Thru

1707 S Vly Mills Dr, Waco, TX

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737 sqft 0.47 AC lot

Freestanding restaurant with drive-thru on a well-traveled thoroughfare.

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Uptown Waco Mixed-Use Opportunity

1509 Austin Ave, Waco, TX 76701

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Mixed-use property in Uptown Waco with commercial kitchen.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 10 Active listings in Waco, TX, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 10 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Furnished Drive-Through Restaurant Space

100 Czech Inn Drive, West, TX 76691

$2,500/Mo

0.19 AC lot

Furnished restaurant space with a drive-through lane, on-site parking, and direct proximity to I-35.

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Furnished Drive-Through Restaurant

100 Czech Inn Drive, West, TX 76691

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1,100 sqft

Commercial space near I-35 includes on-site parking and a furnished interior.

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Drive-Through Restaurant with Kitchen

715 S 1st St, Temple, TX 76504

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2,870 SF drive-through restaurant building with kitchen and improvements in place, available for rent.

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Freestanding Restaurant in Temple, TX

603 N General Bruce Dr, Temple, TX 76504

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Freestanding 2nd Gen Restaurant in the heart of Temple, TX.

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Similar Spaces for Sale in Waco, TX

Consider Similar Space for Sale. We found 10 Spaces matching your search parameters.

Bar & Pub Building with Parking

1601 S 29th, Waco, TX 76711

$440,000

3,780 sqft

Former bar-and-grill property with established infrastructure, an efficient layout, and on-site parking.

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Bars & Pubs Building with Central Air

1601 S 29th, Waco, TX 76711

$440,000

0.79 AC lot

Concrete construction with central heating and central air, public water and sewer, plus on-site parking lot.

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Vacant Restaurant Building

301 S Valley Mills Dr, Waco, TX 76710

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10,760 sqft 2.60 AC lot

Vacant single-tenant restaurant building built in 1992 with ample on-site parking on 2.60 acres.

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Turnkey Restaurant Opportunity

2803 Franklin Ave, Waco, TX 76710

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0.85 AC lot

Fully equipped restaurant for sale or lease near Downtown Waco.

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Restaurant Pad Site For Sale

4201 Franklin Ave, Waco, TX 76710

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2 sqft

Restaurant pad site with high traffic count and C-3 zoning.

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Second-Generation Restaurant Facility

1100 S 9th Street, Waco, TX 76706

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Former Denny’s restaurant with some equipment included, positioned on the I-35 frontage road for strong visibility.

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Sports Bar and Lounge Building

1815 - 1829 La Salle Avenue, Waco, TX 76706

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Sports bar/lounge improvements include a stage, bar, DJ booth, entertainment dance floor lights, and slot machines.

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Chicken Restaurant Sale-Leaseback

1500 S 18th Street, Waco, TX 76706

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Golden Chick is offered with a brand new 18-year sale leaseback and zero landlord responsibilities.

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Pizza Hut Restaurant with Absolute Net Lease

554 TX-340 Loop, Waco, TX 76705

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Pizza Hut property offered with an absolute net long-term lease and zero landlord responsibilities.

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Mixed-Use Property with Restaurant

1501 - 1509 Austin Ave, Waco, TX 76701

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Mixed-use property offering restaurant space, retail storefronts, and cash-flowing Air B&B income.

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Waco, TX Restaurants Lease Rates & Market Statistics

Explore 10 Restaurants for lease in Waco, TX on Realmo, a commercial real estate exchange covering the Waco area. The current inventory totals 90,896 square feet of properties — an average of ~9,100 SF per listing.

Restaurants lease rates in Waco range from $20 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $20 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $20 SF/Yr is 20% below the Texas state average of $24.95 SF/Yr.

Waco accounts for 77% of the 13 restaurants currently available across McLennan County, where nearby markets include West and Woodway. By space type, the market includes 6 conventional restaurants and 3 drive through restaurants.

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