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Retail Space with Credit Tenant

1800 Lowes Blvd, Killeen, TX

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For Sale

Contact for pricing

NNN lease with national brand in thriving retail corridor.

Type:RETAIL

Property size:

23,500 SF

Lot size:

5.06 Acres

Price / SF:

$134/SF

HighLights

Credit Tenant & Long‑Term Lease: OfficeMax (national brand) under NNN lease with 4.92 years remaining and two 5‑year renewal options provides reliable income.
Thriving Retail Corridor Location: Surrounded by major retailers driving foot traffic and tenant demand.
Passive, Low‑Touch Ownership: Triple‑net (NNN) lease structure ensures minimal landlord responsibilities.
Excellent Visibility & Access: Exposure to over 82,000 vehicles per day via Interstate 14.
Attractive Demographics: Dense population with average household income over $68,000.
Built‑in Rent Escalations: Lease includes rent increases over time.

We can help!

Listing Contact

John David Cobb

For Sale

Contact for pricing

NNN lease with national brand in thriving retail corridor.

Type:RETAIL

Property size:

23,500 SF

Lot size:

5.06 Acres

Price / SF:

$134/SF

Added:: Oct 30, 2025
Days on Market:: 230
Last Refresh:: May 20 at 8:45 pm

Property Features for 1800 Lowes Blvd

General Information

Standard status: Active
Size: 23,500 SF
Lot size: 5.06 Acres
Property subtype: RETAIL

We can help!

Listing Contact

John David Cobb

Listing agent John David Cobb License #TX 594592

Listing office Edge Realty Partners | Dallas

Listing date Oct 30, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Edge Realty Partners | Dallas

HighLights

Credit Tenant & Long‑Term Lease: OfficeMax (national brand) under NNN lease with 4.92 years remaining and two 5‑year renewal options provides reliable income.
Thriving Retail Corridor Location: Surrounded by major retailers driving foot traffic and tenant demand.
Passive, Low‑Touch Ownership: Triple‑net (NNN) lease structure ensures minimal landlord responsibilities.
Excellent Visibility & Access: Exposure to over 82,000 vehicles per day via Interstate 14.
Attractive Demographics: Dense population with average household income over $68,000.
Built‑in Rent Escalations: Lease includes rent increases over time.

Overview

This retail property is located in Killeen's busiest retail hub, surrounded by retailers including Walmart, HEB Plus, Lowe’s, Kohl’s, and Academy. The site benefits from exposure to over 82,000 vehicles per day via Interstate 14. The surrounding area has a dense and growing population of nearly 192,000 residents within a five-mile radius, with an average household income over $68,000. The property is currently occupied by OfficeMax, a national brand, under a NNN lease with 4.92 years remaining and two 5-year renewal options. The triple-net (NNN) lease structure ensures minimal landlord responsibilities.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$423.0k	$18.00
− Vacancy	−$23.7k	−$1.01
EGI	$399.3k	$16.99
− OpEx	−$119.8k	−$5.10
NOI	$279.5k	$11.89

23,500 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$3.99M

$3.49M – $4.66M (±1% cap)

NOI $279,518 @ 7.0% cap · market cap 8.87%

Second Best

—

no second resolved use

Theoretical Best

Office A

$5.64M

$4.94M – $6.59M (±1% cap)

NOI $395,116 @ 7.0% cap · market cap 12.54%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

OfficeMax Print & Copy ... (Bike/Boat/Book/etc) Store OfficeMax Tech Services Tech Support Center Coinhub Bitcoin ATM ... Atm FedEx ShipSite Postal Service OfficeMax (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Killeen
County: Bell
State: Texas
Longitude: -97.7239
Latitude: 31.088

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For sale
Retail space
TX
Killeen
1800 Lowes Blvd

What type of property is this?

Retail space - NNN lease with national brand in thriving retail corridor.

Where is this retail space located?

The property is located at 1800 Lowes Blvd Killeen, TX.

What is the asking price?

The asking price for this property is $3,150,000.

What are key features of this property?

This property features: Credit Tenant & Long‑Term Lease: OfficeMax (national brand) under NNN lease with 4.92 years remaining and two 5‑year renewal options provides reliable income.; Thriving Retail Corridor Location: Surrounded by major retailers driving foot traffic and tenant demand.; Passive, Low‑Touch Ownership: Triple‑net (NNN) lease structure ensures minimal landlord responsibilities.

1800 Lowes Blvd, Killeen, TX

NNN lease with national brand in thriving retail corridor.

Property Features for 1800 Lowes Blvd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mini-Storage Facility with Office

Two-Story Office Building in Killeen

Turn-Key Auto Body Facility

Downtown Killeen Redevelopment Opportunity

Two-Story Office Building with Parking

Killeen Commercial Property For Sale

Commercial Flex Space with Warehouse

Killeen Church with Arched Ceilings

Chevron Gas Station Opportunity

Chevron Gas Station Opportunity

Automotive Lot with Office Garage

High-Exposure Corner Lot in Killeen

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