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400 N 23rd St 1,554 SF of Retail Space Available in Waco, TX 76707
Highlights
- Corner intersection
- High traffic area
- Free standing building
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 1,554 SF | Negotiable | $31.16 CAD/SF/YR $2.60 CAD/SF/MO $48,421 CAD/YR $4,035 CAD/MO | Modified Gross |
1st Floor, Ste 100
Property for Rent: Prime Retail Property Address: 400 N 23rd Street, Waco, TX 76707 This prime retail property is located on a high-traffic street in Waco, Texas, offering excellent visibility and accessibility. The property has been recently renovated and features an open space layout with a private office, storage room, and two bathrooms. With over 26,000 vehicles passing by daily, this location is ideal for a variety of commercial uses. •High Traffic Counts: Significant daily traffic ensures excellent visibility. •Recently Renovated: Modern updates make this property move-in ready. •Versatile Space: Suitable for various commercial uses including retail and office. •Ample Parking: Over 3,000 sq. ft. of paved parking space. •Strategic Location: Situated on a main road that connects to multiple highways. Tenants are required to maintain Property & Liability Insurance for Single tenant properties & Multi Tenant properties Liability only If Interested Contact Information: For more details or to schedule a viewing, please contact Bills@peers123.com or Text -832-282-4141
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
- Private Restrooms
- Print/Copy Room
- Corner Space
- Smoke Detector
- Wheelchair Accessible
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.
Site Plan
Property Facts
| Total Space Available | 1,554 SF | Gross Leasable Area | 1,554 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 6.44/1,000 SF |
| Total Space Available | 1,554 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,554 SF |
| Year Built | 1927 |
| Parking Ratio | 6.44/1,000 SF |
About the Property
FOR SALE AND LEASING OPTIONS AVAILABLE LEASING OPTION: Property comes in as-is condition landlord will not be responsible for any repairs on the property. Rent $2,232.78 Taxes $725.00 Total rent/taxes Monthly $2,957.78 SELLER FINANCING OPTIONS: 10% to 20% Down Payment 6% to 8% Interest Rate - Based on down payment Terms are negotiable based on down payment and length of loan For more information or to make an offer please email Bills@Peers123.com or Text 737-788-9022
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400 N 23rd St
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