Stabilized Retail Center in Killeen

3000 Old Fm 440 Road, Killeen, TX 76549

View on Map

For Sale

$1,400,000

SINGLE_FAMILY - Killeen, TX

Type:Retail

Property size:

8,580 SF

Lot size:

0.68 Acres

Price / SF:

$163/SF

HighLights

Fully stabilized, 8,800‑square‑foot, multi‑tenant retail center.
Strategic location in a densely populated residential area with over 141,200 residents within a five‑mile radius.
Proximity to a bustling retail trade area with national and regional retailers (Walmart, H‑E‑B, etc.).
Potential for future growth by transitioning current gross leases to triple‑net leases.
Close access to numerous educational institutions.
Meticulously maintained building erected in 2008 on 0.68 acres.

We can help!

Listing Contact

Saira Khan

For Sale

$1,400,000

SINGLE_FAMILY - Killeen, TX

Type:Retail

Property size:

8,580 SF

Lot size:

0.68 Acres

Price / SF:

$163/SF

Added:: Jan 4, 2025
Days on Market:: 528
Last Refresh:: Jun 16 at 9:06 pm

Property Features for 3000 Old Fm 440 Road

General Information

Property type: Residential
Property subtype: Retail
Standard status: Active
APN: 331825
Size: 8,580 SF
Lot size: 0.68 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: GENTLE GROVE ADDITION REPLAT (LT 1-17 BLK 1, LT 1-20 BLK 2), BLOCK 001, LOT 001A
Tax Annual Amount: 19721

Utilities

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

Building Details

Year built: 2008
Floors in Building: 1
Flooring type: Tile, Concrete
Roof type: Composition, Shingle, Metal

We can help!

Listing Contact

Saira Khan

Listing agent Saira Khan License #0776630

Listing office DHS Realty 8005 Fallmeadow Circle, Plano, TX

Listing date Jan 4, 2025

MLS# 566001

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.

HighLights

Fully stabilized, 8,800‑square‑foot, multi‑tenant retail center.
Strategic location in a densely populated residential area with over 141,200 residents within a five‑mile radius.
Proximity to a bustling retail trade area with national and regional retailers (Walmart, H‑E‑B, etc.).
Potential for future growth by transitioning current gross leases to triple‑net leases.
Close access to numerous educational institutions.
Meticulously maintained building erected in 2008 on 0.68 acres.

Overview

Located in Killeen, TX, this 8,800-square-foot, multi-tenant retail center presents a promising investment opportunity. Constructed in 2008, the meticulously maintained building is situated on 0.68 acres. The property is located on Old FM 440 Road, in a densely populated residential area with over 141,200 residents within a five-mile radius, and is near numerous educational institutions. The property is approximately three miles west of a retail trade area along the East Central Texas Expressway, providing convenient access to national and regional retailers such as Walmart Supercenter, H-E-B Plus!, Kohl's, OfficeMax, Lowe's Home Improvement, Party City, and more. Killeen Mall, anchored by Dillard's, JCPenney, and Burlington, is located on the north side of the East Central Texas Expressway and houses over 100 stores. All current leases operate grossly, with the potential to transition to triple-net leases. This retail center represents an investment opportunity within a flourishing commercial setting.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$154.4k	$18.00
− Vacancy	−$8.6k	−$1.01
EGI	$145.8k	$16.99
− OpEx	−$43.7k	−$5.10
NOI	$102.1k	$11.89

8,580 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.46M

$1.28M – $1.70M (±1% cap)

NOI $102,054 @ 7.0% cap · market cap 7.29%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.06M

$1.80M – $2.40M (±1% cap)

NOI $144,259 @ 7.0% cap · market cap 10.30%

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

Property Profile Location Intelligence

Current Use by Public Records

Miquell's Gentlemen's Barbershop Barber Shop Mickey's Convenience Food ... Gas Station Buddy's Neighborhood Store Grocery & Convenience Store Einsteins Mind Childcare-Center, ... Daycare Center D & S Fitness Gym & Fitness Center

Suggested Use

Similar Places Nearby

KBS food mart Plaza — 3000 Old FM 440 Rd, Killeen, TX 76549

Location Insight

Map
Local Demand

City: Killeen
County: Bell
State: Texas
Longitude: -97.756904
Latitude: 31.092507

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For sale
Shopping centers
TX
Killeen
76549
3000 Old Fm 440 Road

What type of property is this?

Shopping center - Multi-tenant retail center in a high-traffic Killeen location.

Where is this shopping center located?

The property is located at 3000 Old Fm 440 Road Killeen, TX.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Fully stabilized, 8,800‑square‑foot, multi‑tenant retail center.; Strategic location in a densely populated residential area with over 141,200 residents within a five‑mile radius.; Proximity to a bustling retail trade area with national and regional retailers (Walmart, H‑E‑B, etc.).

3000 Old Fm 440 Road, Killeen, TX 76549

SINGLE_FAMILY - Killeen, TX

Property Features for 3000 Old Fm 440 Road

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

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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