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Center Point 5000-5050 W Waco Dr

31,212 SF of Retail Space Available in Waco, TX 76710

Highlights

  • High Traffic Retail Area
  • High Clear Height Box

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 31,212 SF
  • 19’6”
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
5050 W Waco Dr - 1st Floor
Space Use
Retail
Condition
Shell Space
Availability
Now

Former Burlington box with 19'6" clear heights. Skyzone is the co-tenant.

  • 2 Loading Docks
  • Finished Ceilings: 19’6”
  • Wide Open Box
  • High Traffic Retail Area
  • Pylon Space Available
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 31,212 SF 19’6” Negotiable Upon Request Upon Request Upon Request Upon Request TBD

5050 W Waco Dr - 1st Floor

Size
31,212 SF
Ceiling
19’6”
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

Former Burlington box with 19'6" clear heights. Skyzone is the co-tenant.

  • 2 Loading Docks
  • Finished Ceilings: 19’6”
  • Wide Open Box
  • High Traffic Retail Area
  • Pylon Space Available

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 5000-5050 W Waco Dr , Waco, TX 76710

Center Type Community Center
Parking 784 Spaces
Stores 16
Center Properties 4
Frontage
W Waco Dr
  • Franklin Ave
  • Lake Air Dr
Gross Leasable Area 176,787 SF
Total Land Area 12.72 AC
Year Built 1987

About the Property

Set up shop in the marquee availability of Center Point and take advantage of its superior location at the intersection of Franklin Avenue and Highway 84/W Waco Drive. 5050 W Waco Drive is a freestanding big-box building formerly occupied by Burlington that spans 76,212 square feet. The space is a wide-open box, maximizing its flexibility, with two dock doors and two entrances. Southwest Waco boasts strong household incomes and concentrated pockets of key consumers. A 3-mile radius from the property encompasses part of Downtown Waco to Woodway and is about a five-minute drive away. Within this area, over $630 million is spent by consumers annually by 144,000 residents. The intersecting arteries in the vicinity and the proliferation of high-income employers.

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Marketing Brochure

More Attachments

5050 W Waco Dr

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
8,636
66,530
151,359
206,250
2029 Population
9,194
70,845
160,832
219,675
2024-2029 Projected Population Growth
6.5%
6.5%
6.3%
6.5%
Median Age
34.3
35.1
32.1
33.3
College Degree + Higher
18%
23%
27%
18%
Daytime Employees
13,215
57,651
90,377
111,939
Total Businesses
1,211
5,953
8,889
11,081
Average Household Income
$49,284
$70,793
$71,780
$75,912
Median Household Income
$38,708
$53,666
$52,588
$54,765
Total Consumer Spending
$73.1M
$673.4M
$1.5B
$2.1B
2024 Households
3,780
25,896
57,383
77,171
Average Home Value
$177,575
$223,655
$228,516
$238,284

Nearby Amenities

Restaurants

Fazoli's Italian $$$ 3 min walk
Dairy Queen - - 10 min walk
McAlister's Deli Bakery - 14 min walk
Our Breakfast Place American $ 15 min walk
Outback Steakhouse - - 15 min walk
Red Lobster - - 13 min walk
Wingstop - - 17 min walk

Retail

Smile Doctors MD/DDS 1 min walk
Chuck E. Cheese Arcade 1 min walk
D1 Sports Training Fitness 7 min walk
Ollie's Bargain Outlet Dollar/Variety/Thrift 3 min walk
The Home Depot Home Improvement 6 min walk
PetSmart, Inc. Pet Shop/Supplies 15 min walk
AMF Bowling/Billiards 13 min walk
Plato's Closet Unisex Apparel 15 min walk

Hotels

Fairfield Inn
62 rooms
3 min drive
La Quinta Inns & Suites
99 rooms
3 min drive
Staybridge Suites
97 rooms
5 min drive
  • Listing ID: 32322497

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 5000-5050 W Waco Dr, Waco, TX 76710

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