Pioneer PlaceRate on request
Waco-Temple Commercial Real Estate Market
Waco-Temple CRE market data: 14 buildings, 3,606,100 SF of inventory, Multi-Family vacancy 7.4% and average asking rent $24.52/SF. Browse 14 live listings.
14Buildings tracked
3,606,100 SFInventory
3,179,932Population
0.8%Employment growth
14Live listings
2Submarkets
Waco-Temple fundamentals by property type
| Property type | Buildings | Inventory SF | Vacancy | Avg asking rent | Rent YoY | Avg cap rate | Avg $/SF |
|---|---|---|---|---|---|---|---|
| Multi-Family | 6 | 2,151,700 | 7.4% | $24.52 | 4.4% | 6.78% | $228 |
| Industrial | 1 | 826,000 | 0.0% | $9.57 | 1.1% | 5.23% | $114 |
| Office | 4 | 508,800 | 7.6% | $20.22 | 0.1% | 7.50% | $488 |
| Retail | 1 | 66,200 | 5.1% | $29.89 | 1.0% | 6.75% | $518 |
| Flex | 2 | 53,400 | 40.3% | $15.96 | 3.8% | 6.07% | $534 |
Vacancy, asking rent and cap-rate series are maintained per market and property type and re-cut nightly. Full 12-quarter history, absorption and construction pipeline are in the RealStar.
Featured Waco-Temple listings
Regency Pavilion$21.93 – $26.69/SF/yr FS
1388 Mesa St$19.59 – $23.85/SF/yr FS
Sterling Center$16.89 – $20.56/SF/yr NNN
Midtown Building$15.04 – $18.31/SF/yr NNN
2955 Congress AveRate on request
2325 Elm StRate on request
3080 E Houston StRate on request
1885 Travis St$9.57 – $11.65/SF/yr NNN
676 Elm St$20.92 – $25.47/SF/yr FS
Legacy CenterRate on request
2134 Westheimer Rd$18.43 – $22.44/SF/yr FS
14 commercial properties are tracked in Waco-Temple, representing 3,606,100 SF of rentable building area, of which 222,400 SF is currently marketed as available.
Asking rents average $21.10 per square foot per year, the median marketed suite is 27,100 SF, and listings have been on market a median of 540 days.
The stock splits 4 Class A, 6 Class B, 4 Class C, with construction dates from 1911 to 2020 (median 1971).
The most concentrated submarkets are Waco (10), Temple / Killeen (4).
Waco-Temple cities
Waco-Temple submarkets
Waco-Temple space by property type
Office for lease in WacoOffice for lease in TempleIndustrial for lease in WacoRetail for lease in WacoMulti-Family for lease in WacoMulti-Family for lease in TempleFlex for lease in WacoFlex for lease in Temple
Nearby markets
New York CityDallas-Fort WorthAustinWashington DCHoustonRichmondSan AntonioNorthern New JerseyEl PasoBeaumontLaredoMidland-OdessaCorpus ChristiRio Grande Valley
Market fundamentals are RealStarGlobal analytics derived from tracked inventory. Transaction and news signals come from the Acquirepad CRE feed. Registry, assessor and GIS provenance for every jurisdiction is documented in the data sourcing plan.
Frequently asked questions
How large is the Waco-Temple commercial real estate market?
RealStarGlobal tracks 14 buildings totalling 3,606,100 SF across 5 property types in Waco-Temple.
What is the vacancy rate in Waco-Temple?
Multi-Family 7.4%; Industrial 0.0%; Office 7.6%; Retail 5.1%; Flex 40.3%.
What are asking rents in Waco-Temple?
Multi-Family $24.52/SF/yr (4.4% YoY); Industrial $9.57/SF/yr (1.1% YoY); Office $20.22/SF/yr (0.1% YoY); Retail $29.89/SF/yr (1.0% YoY); Flex $15.96/SF/yr (3.8% YoY).
What cap rates are assets trading at in Waco-Temple?
Multi-Family 6.78% at $228/SF; Industrial 5.23% at $114/SF; Office 7.50% at $488/SF; Retail 6.75% at $518/SF; Flex 6.07% at $534/SF.
What are the submarkets of Waco-Temple?
Temple / Killeen, Waco.
How many people live in the Waco-Temple market?
The Waco-Temple market has a population of 3,179,932 with employment growth of 0.8% year over year.
How do I get Waco-Temple lease and sale comparables?
Lease comps, sale comps, tenant rosters, loan maturities and owner records for Waco-Temple are in the RealStar, and available programmatically through the MCP server.