Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2301 Clear Creek Rd Killeen, TX 76549

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Medical Office Space for Lease: Killeen, TX

    Lot size:
    2,436 SF

    Property Features for 2301 Clear Creek Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,436 SF

    Spaces For Lease

    at 2301 Clear Creek Rd, Killeen, TX 76549 Contact us

    We can help!

    Listing Contact
    Brandon Lester
    Brandon Lester

    Listing Agency: Transwestern Austin Listing Agent: Brandon Lester

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional medical office space, located at 2301 S Clear Creek Rd in Killeen, Texas (zip code 76549), offers a total of 2,436 square feet. Currently, the entire space is vacant and available for lease. The building is situated within the Metroplex/Advent Health Central Texas Hospital campus, providing unparalleled access and visibility for healthcare professionals. The property features newly renovated common areas, creating a modern and inviting atmosphere. Multiple tenancy options are available, with a minimum divisible space of 1,805 square feet and a maximum contiguous space of 2,436 square feet. This prime location in Bell County, Texas, presents a unique opportunity for medical practices seeking a well-appointed and conveniently located office space. The property offers generous tenant improvement packages, allowing for customization to meet specific needs. This is an ideal setting for practices seeking high visibility and proximity to a major healthcare facility. The property's address is easily accessible and offers ample parking for patients and staff. This is a rare opportunity to secure a fully vacant, modern medical office space in a high-demand location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AdventHealth Central Texas ... Medical Clinic Dr. Shree Shrestha Physician Eye Clinic Of Killeen Eye Care Center Arthritis Consultants Medical Clinic AdventHealth Central Texas ... Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.8029472
    Latitude
    31.1117926

    Nearby Similar for Lease

    • $3,500 /Mo
      5,750 SF

      Spacious Retail and Storage Building

      5,750 sq ft building with retail and storage space.
      1520 S Fort Hood St, Killeen, TX 76542
      View Details
    • $6,211 /Mo
      20,049 SF

      Killeen Commercial Space Available

      Combined suites with multiple entrances and ample parking for rent.
      2710 Clear Creek Rd, Killeen, TX 76549
      View Details
    • $6,962 /Mo
      3,570 SF

      Killeen Medical/Office Space Available

      3,570 SF medical/office space near Advent Hospital and Texas A&M.
      2300 S Clear Creek Rd, Killeen, TX 76549
      View Details
    • $1,250 /Mo
      1,500 SF

      Retail Space in Killeen, TX

      Retail space suitable for a hair salon in Killeen.
      1005 N 10Th St, Killeen, TX 76541
      View Details
    • $800 /Mo

      Downtown Killeen Office Space

      Updated office space in historic downtown Killeen available for lease.
      312 Avenue B E, Killeen, TX 76541
      View Details
    • $995 /Mo

      Downtown Killeen Office Space

      Updated office space in historic downtown Killeen, Texas.
      312 Avenue B E, Killeen, TX 76541
      View Details
    • $23 SF/Yr
      4,000 SF

      Newly Renovated Killeen Office Suites

      Completely renovated office suites available for lease in Killeen.
      3405 300, Killeen, TX 76543
      View Details
    • $2,505 /Mo
      19,440 SF

      Retail Space in Busy Center

      1,100 SF suite in Killeen near I-14.
      4008 E Stan Schlueter Loop, Killeen, TX 76542
      View Details
    • $1,280 /Mo

      Killeen Office Suite for Lease

      Office suite with conference room and convenient access in Killeen.
      2210 E Central Texas Expy, Killeen, TX 76543
      View Details
    • $1,100 /Mo
      5,640 SF

      Killeen Retail Space Available

      Retail space for lease in Killeen, Texas.
      3921 E Stan Schlueter Loop, Killeen, TX 76542
      View Details
    • $1,200 /Mo
      2,410 SF

      Killeen Church or Specialty Space

      Commercial space suitable for church or specialty use in Killeen.
      720 N 10Th St, Killeen, TX 76541
      View Details
    • $2,250 /Mo
      14,736 SF

      Retail Space Near Killeen Mall

      End-cap suite with high visibility and I-14 access.
      2301 E Central Texas Expy, Killeen, TX 76543
      View Details

    FAQs

    What type of property is this?
    Medical office - Medical Office Space for Lease: Killeen, TX
    Where is this medical office located?
    The property is located at 2301 Clear Creek Rd Killeen, TX.
    What are key features of this property?
    This property features: Six months of free rent on new 60-month leases.; Moving expense allowance available.; Tenant improvement allowance offered.
    (512) 314-3576 Call to check price and availability
    Request Owner's contact information
    2301 Clear Creek Rd Killeen, TX 76549
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2301 Clear Creek Rd
    Killeen, TX 76549
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2301 Clear Creek Rd Killeen, TX 76549
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brandon Lester
    Brandon Lester
    Real Estate License ID: 555107
    (512) 314-3576 (512) 328-5600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!