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Divisible Corner Retail Space
For Lease
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202 N Gray St, Killeen, TX 76541

Flexible shell space supports one operation or multiple businesses.

Space Size660 SF - 1,515 SF
Property Size3,600 SF
Days on Market158

Property Features for 202 N Gray St

General Information

Standard status Active
Size 660 SF - 1,515 SF
Net Rentable 660 SF
Class B
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 660-3,600 SF
Contiguous Space 3,600 SF
Divisible Yes

Additional Details

Corner Location Yes

Building Details

Building Size 3,600 SF
Year Built 1972
Tenancy Multiple

Spaces For Lease

at 202 N Gray St Contact us

A

Size
1,515 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

B

Size
660 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

C

Size
934 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Linnemann Realty
Listed By: Michael Linnemann · License #TX - 505021
Source: Crexi
Added: Mar 31 Changed: Sep 2 Last Checked: Sep 4 at 10:57AM

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 Linnemann Realty

Investment Insights

Based on property information with market context.

This retail property at 202 N Gray St in Killeen offers divisible shell space from approximately 660 to 3,600 square feet. The configuration can support one full-scale operation or as many as three separate businesses, with a tenant improvement allowance available for customized build-out. The building was constructed in 1972.

Positioned on a prominent corner in Downtown Killeen, the property provides a high-visibility setting for retail, boutique, professional, and licensed service concepts. Prospective tenants may also be eligible to apply for a Killeen Economic Development Corporation grant associated with establishing a new business in the area.

Key Highlights

  • Approximately 660 to 3,600 square feet of divisible shell space
  • Configuration supports one operation or up to three separate businesses
  • Tenant improvement allowance available for customized build‑out

Property Analytics

Current Use

Retail space

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,583
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

$13.96 /SF/Yr
Avg Asking Price
$1.16–$28.44 /SF/Yr
Price Range
7,100 SF
Avg Space Size

This space is priced 7% above the average of $13.96 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible shell space supports one operation or multiple businesses.
Where is this retail space located?
The property is located at 202 N Gray St Killeen, TX.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 660 to 3,600 square feet of divisible shell space; Configuration supports one operation or up to three separate businesses; Tenant improvement allowance available for customized build‑out
(254) 535-6186 Call to check price and availability
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