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    432 Hilliard Rd Temple, TX 76502

    For Lease
    Contact for pricing

    Class A retail spaces, ideal for restaurants & shops.

    Lot size:
    9,302 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Class A retail opportunity, "The Collective Phase I," presents two newly constructed buildings (2025) totaling 9,302 square feet, situated in Temple, Texas's burgeoning Crossroads District. The property, located at 432 Hilliard Rd, 76502, offers six available suites ranging from a minimum of 1,320 square feet to a maximum contiguous space of 5,256 square feet. Building A boasts 5,256 square feet plus a 668-square-foot patio (minimum lease 1,703 sq ft), while Building B offers 4,046 square feet (minimum lease 1,320 sq ft). All suites are in a "grey shell" condition, allowing for complete customization. The development is part of a larger mixed-use project encompassing over 35,000 square feet of retail and restaurant space, 40,000 square feet of office space, and over 500 multi-family and townhome units. The Collective benefits from a prime location on Temple's Outer Loop (Hilliard Rd), less than a mile from Crossroads Park, and offers interior-facing suites overlooking an activated green space. High-visibility building signage opportunities are available along Hilliard Road. The property is zoned for general retail use and features no elevators. The APN is 516374. This is a unique chance to establish a presence in a thriving, rapidly growing community.

    Property Features for 432 Hilliard Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,302 SF
    Class
    A

    Building Details

    Year Built
    2025
    Buildings
    2

    Unit(s) available at that property

    Space
    Building A
    Size
    5,256 SF
    Space
    Building B
    Size
    4,046 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.414716119682
    Latitude
    31.121862872439

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    FAQs

    What type of property is this?
    Restaurant - Class A retail spaces, ideal for restaurants & shops.
    Where is this restaurant located?
    The property is located at 432 Hilliard Rd Temple, TX.
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    Temple, TX 76502
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    Realmo Value Estimation

    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.

    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.

    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
    432 Hilliard Rd Temple, TX 76502
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