Office Properties for sale in Waco, Texas, offer a unique investment opportunity in a city that boasts a rich history, cultural attractions, and a strong economy. With a population of around 140,000, Waco is an attractive location for businesses and individuals alike. Office Properties in Waco can represent a range of investments, from small, single-story buildings to large, multi-story complexes. These properties can serve as headquarters for local businesses, satellite offices for larger corporations, or even co-working spaces for entrepreneurs and startups. Waco's amenities, infrastructure, location, education, and geography make it an ideal place to invest in an Office Property. The city is home to Baylor University, Texas State Technical College, and several major employers, including Baylor Scott & White Health, Providence Healthcare Network, and L3Harris Technologies. Additionally, Waco's location along the Brazos River and Interstate 35 provides easy access to nearby cities like Dallas and Austin. The city's attractions, such as the Waco Mammoth National Monument, Hawaiian Falls water park, and the Waco Suspension Bridge, make it a great place for business and travel.
Waco's Office Properties are part of a larger commercial real estate market that includes Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels. The city's Commercial Real Estate market offers a range of properties, from small retail spaces to large industrial complexes. Apartment Buildings in Waco provide housing options for the city's growing population, with many complexes located near Baylor University and downtown Waco. Shopping Centers in Waco offer a variety of retail options, from small boutiques to large malls like the Richland Mall. Hotels in Waco cater to the city's many visitors, with options ranging from budget-friendly motels to luxury resorts like the Hotel Indigo Waco - Baylor. With 17 Office Properties for sale in Waco, investors have a wide range of options to choose from. Whether you're looking for a small office building or a large complex, Waco's Office Properties offer a unique investment opportunity in a city that is poised for growth.
What is the average price per square foot for office properties in Waco?
The average price per square foot for office properties in Waco is $145 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Waco, it's essential to understand the classification system, which categorizes properties based on factors like age, condition, and amenities, to help you find the right fit for your business needs.
- Class A office properties are typically modern, well-maintained buildings with high-end finishes, advanced technology, and prime locations, often attracting high-profile tenants and commanding higher rental rates.
- Class B office properties are generally older, yet still well-maintained, with standard finishes and amenities, offering a balance between quality and affordability, making them suitable for a wide range of businesses.
- Class C office properties are often older, with outdated finishes and limited amenities, typically offering more affordable rental rates, but may require renovation or upgrading to meet modern business standards.
