Applebee’s Restaurant with NNN
2700 East Central Texas Expressway, Killeen, TX 76543
For Sale
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The tenant covers building and site expenses under an absolute NNN lease with renewal options and scheduled rent increases.
Property Size5,027 SF
Lot Size1.28 Acres
Price / SF$898.15
Days on Market8
Property Features for 2700 East Central Texas Expressway
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Traffic Count
Highway Access
Tenancy & Operations
Currently Operating
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
Marathon Property Group, LLC
Listed By:
Andrew Ziffer · License #168762
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:05PM
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 Marathon Property Group, LLC
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Investment Insights
Based on property information with market context.
The freestanding Applebee’s restaurant occupies approximately 5,027 square feet on a 1.28-acre site in Killeen, Texas. The location has operated as an Applebee’s since 1995. An absolute NNN lease places responsibility for the roof, structure, HVAC, parking lot, taxes, insurance, utilities, and property maintenance with the tenant. The current term runs through January 12, 2032, and includes four five-year renewal options, each with a minimum 10% rent increase.
The property fronts US-190 / I-14, where traffic is reported at approximately 83,000 vehicles per day. Nearby retail includes Killeen Mall, ALDI, Lowe’s, The Home Depot, Best Buy, JCPenney, and In-N-Out Burger. Fort Hood is also in the surrounding area.
The property fronts US-190 / I-14, where traffic is reported at approximately 83,000 vehicles per day. Nearby retail includes Killeen Mall, ALDI, Lowe’s, The Home Depot, Best Buy, JCPenney, and In-N-Out Burger. Fort Hood is also in the surrounding area.
Key Highlights
- 5,027 SF freestanding restaurant on approximately 1.28 acres
- Applebee’s has operated at this location since 1995
- Absolute NNN lease assigns building, site, tax, insurance, and utility responsibilities to the tenant
Property Analytics
Who owns this building?
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Current Use
Lease Details
83,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76543, TX
30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Killeen, TX
Properties on Market for Conventional restaurants in Killeen
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The tenant covers building and site expenses under an absolute NNN lease with renewal options and scheduled rent increases.
Where is this conventional restaurant located?
The property is located at 2700 East Central Texas Expressway Killeen, TX.
What is the asking price?
The asking price for this property is $4,515,000.
What are key features of this property?
This property features: 5,027 SF freestanding restaurant on approximately 1.28 acres; Applebee’s has operated at this location since 1995; Absolute NNN lease assigns building, site, tax, insurance, and utility responsibilities to the tenant
