Retail Space with Salon
For Sale
Contact for pricing
4201 E Rancier Avenue, Killeen, TX 76543
The existing configuration includes areas for pedicure chairs, nail stations, and two private rooms.
Property Size14,400 SF
Price / SF$0.11
Days on Market8
Property Features for 4201 E Rancier Avenue
General Information
Standard status
Active
Size
14,400 SF
Listing Agency:
Jim Wright Company
(254) 526-5117
Listed By:
Molly Repasch · License #0554928
(254) 371-9932
Source:
Cornerstone-properties
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 14 at 10:58PM
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 retail space has a salon-oriented layout, with capacity for up to six pedicure chairs and three to four nail stations. Two private rooms provide additional separated space within the unit.
The shopping center includes Shipley’s Donuts, a laundromat, an internet café, a barber shop, a liquor store, a Metro phone store, a smoke shop, and a convenience store with gas. The property is at 4201 E Rancier Avenue in Killeen, Texas.
The shopping center includes Shipley’s Donuts, a laundromat, an internet café, a barber shop, a liquor store, a Metro phone store, a smoke shop, and a convenience store with gas. The property is at 4201 E Rancier Avenue in Killeen, Texas.
Key Highlights
- Capacity for up to six pedicure chairs and three to four nail stations
- Two private rooms
- Shopping center includes Shipley’s Donuts, a laundromat, an internet café, a barber shop, and additional retail businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,279
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,425,580
$3.4M
Cap Rate 7%
$2,446,843
$2.4M
Cap Rate 9%
$1,903,100
$1.9M
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$259.2K $18.00/SF
− Vacancy
−$14.5K −$1.01/SF
EGI
$244.7K $16.99/SF
− OpEx
−$73.4K −$5.10/SF
NOI
$171.3K $11.89/SF
Area
Killeen, TX
Vacancy
5.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,425,580
Cap Rate 7%
$2,446,843
Cap Rate 9%
$1,903,100
Alternative Uses
Best Use
Retail
$2.45M
$2.14M – $2.85M
NOI $171,279 @ 7.0% cap · market cap 10,572.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,114 @ 7.0% cap · market cap 14,945.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The existing configuration includes areas for pedicure chairs, nail stations, and two private rooms.
Where is this retail space located?
The property is located at 4201 E Rancier Avenue Killeen, TX.
What are key features of this property?
This property features: Capacity for up to six pedicure chairs and three to four nail stations; Two private rooms; Shopping center includes Shipley’s Donuts, a laundromat, an internet café, a barber shop, and additional retail businesses
