Freestanding Former Outback Steakhouse

4500 Franklin Avenue Waco, TX 76710
Available Space:  6,163 SF | Freestanding Restaurant Building
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Property Summary

The freestanding former Outback Steakhouse is for lease in Waco Texas.

  • Across the street from the Walmart Supercenter
  • 6,163 SF freestanding restaurant building
  • Former Outback Steakhouse
  • Approximately 1 AC
  • Dense restaurant and retail corridor surrounded by shopping centers and nationally recognized tenants
  • Located on Franklin Avenue adjacent to Richland Mall
  • Connected to shopping centers anchored by PetSmart and Home Zone
  • Waco is home to three institutions of higher education: Baylor University [exceeding 20,000 students], McLennan Community College [8,400 students], and Texas State Technical College [12,000 students]
  • Solid population growth and high traffic counts

Lease Rates: Please call for details

2025 Demographics

1 Mile
3 Mile
5 Mile
Population
1 Mile
6,277
3 Mile
70,989
5 Mile
143,438
Total Households
1 Mile
2,728
3 Mile
28,095
5 Mile
56,380
Daytime Population
1 Mile
14,035
3 Mile
101,015
5 Mile
175,685
Average HH Income
1 Mile
$60,064
3 Mile
$72,949
5 Mile
$75,451
Median HH Income
1 Mile
$41,074
3 Mile
$55,055
5 Mile
$54,690

Traffic Counts

S. New Rd.
29,817 VPD
Franklin Ave.
25,362 VPD

This page was updated on
April 1, 2026