3210 Central Texas ExpyKilleen, TX 76543

Property Details for 3210 Central Texas Expy

Year built

2001

Lot size

3.31 AC

Property size (Sq ft)

29,601 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Killeen

County

Bell

State

Texas

Latitude

31.0852

Longitude

-97.7107

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