Move-In Medical Office
4520 E Central Texas Expressway 101, Killeen, TX 76543
For Sale
Contact for pricing
Medical office suite with multiple exam rooms, dedicated bathrooms, a large lobby and reception area.
Property Size13,600 SF
Price / SF$0.57
Days on Market109
Property Features for 4520 E Central Texas Expressway 101
General Information
Standard status
Size
Listing Agency:
Jim Wright Company
(254) 526-5117
Listed By:
Jim Wright · License TX #0181945
(254) 289-3145
Source:
Cornerstone-properties
Added: Jul 25
Changed: Oct 26
Last Checked: Nov 8 at 5:35AM
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 property is set up for medical office use and is ready to move in. The suite includes multiple exam rooms, bathrooms, a doctor’s office, and a large lobby and reception area.
The space is offered for sale as Unit 101, located at 4520 E Central Texas Expressway in Killeen, TX.
The current configuration supports a clinical front-of-house experience with substantial lobby and reception space alongside private exam rooms and office space.
The space is offered for sale as Unit 101, located at 4520 E Central Texas Expressway in Killeen, TX.
The current configuration supports a clinical front-of-house experience with substantial lobby and reception space alongside private exam rooms and office space.
Key Highlights
- Medical office setup with multiple exam rooms, dedicated bathrooms, and a large lobby and reception area
- Central Air and electric HVAC for year‑round comfort
- Laminate flooring throughout the interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,922
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,898,440
$2.9M
Cap Rate 7%
$2,070,314
$2.1M
Cap Rate 9%
$1,610,244
$1.6M
Market Conditions
NOI Build-Up for 13,600 SF
Gross rent
$261.1K $19.20/SF
− Vacancy
−$19.6K −$1.44/SF
EGI
$241.5K $17.76/SF
− OpEx
−$96.6K −$7.10/SF
NOI
$144.9K $10.66/SF
Area
Killeen, TX
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,898,440
Cap Rate 7%
$2,070,314
Cap Rate 9%
$1,610,244
Alternative Uses
Best Use
Office B
$2.57M
$2.25M – $3.00M
NOI $179,781 @ 7.0% cap
Second Best
Healthcare Medical
$2.07M
$1.81M – $2.42M
NOI $144,922 @ 7.0% cap
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,663 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Under-served
Demand for This Use
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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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office suite with multiple exam rooms, dedicated bathrooms, a large lobby and reception area.
Where is this medical office space located?
The property is located at 4520 E Central Texas Expressway 101 Killeen, TX.
What are key features of this property?
This property features: Medical office setup with multiple exam rooms, dedicated bathrooms, and a large lobby and reception area; Central Air and electric HVAC for year‑round comfort; Laminate flooring throughout the interior
