Waco, Texas, is a city that perfectly blends its rich history with modern amenities, making it an ideal location for restaurants. With a population of around 140,000, Waco offers a diverse customer base for restaurants, and its strategic location along the Brazos River and I-35 makes it easily accessible to visitors from nearby cities like Dallas and Austin. The city's infrastructure is well-developed, with major roads like Interstate 35, Texas State Highway 6, and US Highway 84, ensuring easy connectivity. Additionally, Waco is home to several institutions, including Baylor University and Texas State Technical College, which attract a large student population, creating a demand for restaurants. The city's cultural attractions, such as the Dr Pepper Museum and the Texas Sports Hall of Fame, also draw in tourists, making it an attractive location for restaurants. With 6 restaurants for lease available, Waco offers a range of options for entrepreneurs looking to establish a restaurant business.
Waco's restaurant scene is thriving, with a variety of cuisines and dining options available. The city's restaurants benefit from its proximity to major employers like Baylor Scott & White Health, Providence Healthcare Network, and L3Harris Technologies, which provide a steady stream of customers. In addition to restaurants, Waco also offers a range of other commercial properties, including retail space, commercial real estate, and flex space. Retail space is available in popular shopping centers like the Magnolia Market, which attracts a large number of visitors. Commercial real estate options are available in the city's downtown area, which is home to several major corporations. Flex space is also available in Waco, offering a range of options for businesses that require a combination of office and warehouse space. With its diverse economy, rich culture, and modern amenities, Waco is an attractive location for businesses of all types, including restaurants.
How are restaurant leases typically structured?
In Waco, Texas, restaurant leases are typically structured with an average annual rent of $29 USD per square foot, with an average size of 3,852 square feet, and a maximum space size of 6,197 square feet. These leases often have a term of 5-10 years, with options for renewal, and may include provisions for common area maintenance, property taxes, and insurance.
What kitchen equipment is usually included in restaurant leases?
When it comes to restaurant leases in Waco, Texas, the kitchen equipment typically included can vary depending on the specific property and landlord. However, common items often found in restaurant leases in Waco include commercial-grade refrigerators, freezers, ovens, stoves, dishwashers, and ventilation systems, which can be a significant advantage for restaurateurs looking to set up shop in this growing city with a population of around 140,000.
