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3210 Central Texas ExpyKilleen, TX 76543

High-yield retail center, prime Killeen location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a stabilized retail center totaling 29,601 square feet, strategically located at 3210 E Central Texas Expy in Killeen, Texas, zip code 76543. The property, built in 2001, comprises three single-story buildings situated on a 3.308-acre lot. Currently boasting a 95.2% occupancy rate and a 6.00% cap rate, this multi-tenant property offers a diverse mix of retail shops, professional, and medical offices. The investment features a valuable income-producing hi-rise billboard under a ground lease, adding to the overall return. A large monument sign ensures excellent visibility along the main highway, maximizing exposure for tenants. The property benefits from a NNN lease structure, minimizing landlord responsibilities to roof maintenance, parking lot upkeep, and common area maintenance. This prime location in Killeen, the principal city of the Killeen-Temple-Fort Hood metropolitan area, is surrounded by other thriving retail centers, ensuring consistent foot traffic and strong tenant demand. This is a rare opportunity to acquire a well-established, high-performing retail asset in a rapidly growing market.

Highlights

  • 29,601 SF stabilized retail center in Killeen, TX.
  • Located at 3210 E Central Texas Expy, zip code 76543.
  • Built in 2001, three single-story buildings on a 3.308-acre lot.
  • 95.2% occupancy and a 6.00% cap rate.
  • NNN lease structure; landlord responsibilities limited to roof, parking lot, and common area maintenance.
  • Features a high-rise billboard (ground lease) and prominent monument signage.

Property Details for 3210 Central Texas Expy

Property type
Lifestyle centers, Power centers
Square Feet
29,601 SF
Year Built
2001
Buildings
3
Stories
1
Lot Size (sq. ft)
144,096 SF

Location Insight

City
Killeen
County
Bell
State
Texas
Latitude
31.085182
Longitude
-97.7107398
3210 Central Texas Expy, Killeen, Texas

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3210 Central Texas Expy
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