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Killeen Commercial Space with Drive-Through
For Lease
$2,307/Mo

804 N Gray Street, Killeen, TX 76541

COMMERCIAL - Killeen, TX

Property Size3,460 SF
Lot Size0.43 Acres
Days on Market772

Property Features for 804 N Gray Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B5
Parking 40
Subdivision Killeen Original
Lot features Quarter To Half Acre Lot
Directions Gray street north from Bus 190, building on the right.
Standard status Active
APN 36383
Size 3,460 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description KILLEEN ORIGINAL, BLOCK 037, LOT 0003
Legal Description KILLEEN ORIGINAL, BLOCK 037, LOT 0003

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1962
Floors in Building 1
Flooring type Concrete
Building materials Masonry
Listing Agency: Linnemann Realty
Listed By: Michael E. Linnemann · License #0428608
Added: Jun 19, 2024 Changed: Apr 15 Last Checked: Jul 30 at 3:06PM
MLS# 548150

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial space, located on a corner lot adjacent to the historic block of downtown Killeen and two blocks from Rancier Street, offers approximately 3460 square feet of space. The property is zoned B5 and is suitable for office space, retail, or a restaurant. It already features a drive-through window. The lot size is 0.4304 acres. Rancier Street is slated for a major facelift.

Key Highlights

  • Approximately 3460 sq ft offers significant potential with this large space.
  • Versatile use suitable for office, retail, or restaurant purposes.
  • Existing drive‑through window enhances restaurant potential.

Property Analytics

Current Use

High Hopes Gymnastics ... Gym & Fitness Center

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,572
Businesses Nearby

Demographics for 76541, TX

19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value

Market

Lease Benchmarks for Killeen, TX

$13.62 /SF/Yr
Avg Asking Price
$1.16–$28.44 /SF/Yr
Price Range
4,630 SF
Avg Space Size

This space is priced 41% below the average of $13.62 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile 3460 sq ft space suitable for retail or office.
Where is this retail space located?
The property is located at 804 N Gray Street Killeen, TX.
What is the lease rate?
The lease rate is $2,307 /Mo.
What are key features of this property?
This property features: Approximately 3460 sq ft offers significant potential with this large space.; Versatile use suitable for office, retail, or restaurant purposes.; Existing drive‑through window enhances restaurant potential.
More about this property
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