Waco, Texas, is a strategic location for businesses seeking to establish a strong presence in the Central Texas region, with its unique blend of small-town charm and big-city amenities. As a result, Commercial Real Estate Properties for Lease in Waco are in high demand, offering a range of opportunities for entrepreneurs, startups, and established companies alike. The city's proximity to major highways, including Interstate 35, Texas State Highway 6, and US Highway 84, makes it an attractive location for businesses that rely on transportation and logistics. Additionally, Waco is home to Baylor University, Texas State Technical College, and several major employers, including L3Harris Technologies, SpaceX, and Trane Technologies, which contribute to the city's thriving economy. The city's rich cultural attractions, such as the Dr Pepper Museum, Texas Sports Hall of Fame, and the Texas Ranger Hall of Fame and Museum, also make it an attractive location for businesses that value a strong quality of life.
Waco's Commercial Real Estate market offers a diverse range of properties for lease, including Office Space, Coworking Space, Retail Space, and Industrial properties. With 93 Commercial Real Estate Properties for Lease available, businesses can find the perfect space to suit their needs. Office Space in Waco is ideal for companies that require a professional setting, with average annual rents of $16 USD per square foot. Coworking Space is also available, offering a collaborative and flexible work environment. Retail Space in Waco is perfect for businesses that require high visibility and foot traffic, with popular locations like the Magnolia Market in downtown Waco. Industrial properties in Waco are suitable for companies that require large spaces for manufacturing, warehousing, and distribution, with average sizes ranging from 10 to 6,621,120 square feet. Overall, Waco's Commercial Real Estate market offers a unique combination of affordability, accessibility, and amenities, making it an attractive location for businesses of all sizes and industries.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Waco, Texas, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $16 USD, to ensure your business can afford the space;
- The size of the property, with average sizes ranging from 62,560 square feet to a maximum of 6,621,120 square feet, to accommodate your business needs;
- The location and accessibility of the property, with proximity to major highways like Interstate 35, Texas State Highway 6, and US Highway 84, as well as airports like Waco Regional Airport, to facilitate transportation and logistics.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Waco, Texas, it's essential to consider the size and type of property that aligns with your business requirements. With 93 available listings of commercial real estate for lease in Waco, you'll want to narrow down your options by assessing your business's specific needs.
- First, determine the square footage you require by considering the number of employees, equipment, and inventory you'll need to accommodate. For example, the average size of commercial properties for lease in Waco is 62,560 square feet, with a maximum space size of 6,621,120 square feet.
- Next, think about the type of property that suits your business best, such as office, retail, or industrial space. Waco's diverse economy, with major industries in healthcare, education, manufacturing, and retail, offers a range of commercial properties to choose from.
- Finally, consider factors like location, accessibility, and amenities when selecting the right commercial property for your business. Waco's central location, with easy access to Interstate 35 and other major highways, makes it an attractive option for businesses looking to establish a strong presence in the region.
