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Office Unit with Full Kitchen
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3402 E Veterans Memorial Boulevard, Killeen, TX 76543

Open-plan office configuration includes built-in workstations, cabinetry, a private office, and a full kitchen.

Property Size2,280 SF
Price / SF$0.55
Days on Market91

Property Features for 3402 E Veterans Memorial Boulevard

General Information

Standard status Active
Size 2,280 SF
Property subtype CommercialLease
Listing Agency: Jim Wright Company
Listed By: Molly Repasch · License #0554928
Source: Cornerstone-properties
Added: Jul 20 Changed: Oct 5 Last Checked: Oct 16 at 8:53AM

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 Jim Wright Company

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Investment Insights

Based on property information with market context.

This office unit is arranged around a large open work area with built-in desks and cabinetry. The layout also includes a separate office, full kitchen, and one bathroom, providing a functional combination of shared workspace and private support areas.

The property is located at 3402 E Veterans Memorial Boulevard in Killeen, Texas. Its existing office-oriented configuration offers a straightforward setting for an occupant seeking an established workspace with kitchen and restroom facilities.

Key Highlights

  • Large open office area with built‑in desks and cabinetry
  • Separate private office included
  • Full kitchen within the unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,140
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,800 $602.8K
Cap Rate 7%
$430,571 $430.6K
Cap Rate 9%
$334,889 $334.9K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$49.2K $21.60/SF
− Vacancy
−$9.1K −$3.97/SF
EGI
$40.2K $17.63/SF
− OpEx
−$10.0K −$4.41/SF
NOI
$30.1K $13.22/SF
Area
Killeen, TX
Vacancy
18.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,800
Cap Rate 7%
$430,571
Cap Rate 9%
$334,889

Alternative Uses

Best Use
Office B
$430.6K
$376.8K – $502.3K (±1% cap)
NOI $30,140 @ 7.0% cap · market cap 2,411.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.6K
$479.2K – $638.9K (±1% cap)
NOI $38,335 @ 7.0% cap · market cap 3,066.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Eastern Auto Collision ... Auto Repair Shop Sacred Souls Tattoo ... Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Pharmacy Dental Office Hair Salon

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

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

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

Market

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

Frequently Asked Questions

What type of property is this?
Office units - Open-plan office configuration includes built-in workstations, cabinetry, a private office, and a full kitchen.
Where is this office units located?
The property is located at 3402 E Veterans Memorial Boulevard Killeen, TX.
What are key features of this property?
This property features: Large open office area with built‑in desks and cabinetry; Separate private office included; Full kitchen within the unit
More about this property
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