Waco Industrial

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Waco

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,100
As of: December 2, 2016

Waco Rates

The typical asking rate per listing is in the $10's per square foot per year. The Waco submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 27% decline in rent.

Waco Listing Supply

In the last 90 days, 5 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Waco are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,100 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1981 and are Class A.

Waco Community

Market Report

Trends and status of the commercial real estate market in Waco.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Waco.
Research