Remarks

Welcome to 3000 Old FM 440 Plaza, a premier investment prospect in Killeen, TX. This property embodies an enticing blend of a strategic locale, adaptable space, and the promise of lucrative returns. It is a rare chance to own a fully stabilized, 8,800-square-foot, multi-tenant retail center in Killeen, Texas. All current leases operate grossly, laying the groundwork for future growth by potentially transitioning to triple-net leases. Erected in 2008, this meticulously maintained building occupies 0.68 acres of prime real estate.

Sited on Old FM 440 Road, the property strategically resides in a densely populated residential area, with over 141,200 residents within a five-mile radius. Its proximity to numerous educational institutions, both public and private, further amplifies its appeal.

The property is approximately three miles west of a bustling retail trade area along the East Central Texas Expressway and enjoys close access to many national and regional retailers. This vibrant commercial hub features renowned names like Walmart Supercenter, H-E-B Plus!, Kohl’s, OfficeMax, Lowe’s Home Improvement, Party City, CATO, Walgreens, CVS, Aaron’s, Hobby Lobby, Dollar Tree, Tractor Supply Co., Academy Sports and Outdoors, PetSmart, ALDI, Spec’s, Ashley HomeStore, O’Reilly Auto Parts, Panera Bread, The Home Depot, dd’s Discounts, Shoe Carnival, Regal Cinemas, and more.

Further enhancing its appeal, Killeen Mall, anchored by Dillard’s, JCPenney, and Burlington, sits on the north side of the East Central Texas Expressway. Housing over 100 stores, the mall serves as a regional shopping destination, bolstering the area's vibrancy.

This meticulously crafted and strategically positioned retail center represents an enticing investment opportunity within a flourishing commercial setting. Please contact the listing agent for additional details or to arrange a viewing.

Details

MLS#: 566001
Price: $1,400,000

Style: Retail
Sq Ft: 8580
Year Built: 2008

County: Bell
Subdivision: Gentle Grove Add Rep
Tax Fee: 19721