3210 Central Texas Expy Killeen, TX 76543
This exceptional investment opportunity presents a stabilized retail center totaling 29,601 square feet, strategically located at 3210 E Central Texas Expy in Killeen, Texas, zip code 76543. The property, built in 2001, comprises three single-story buildings situated on a 3.308-acre lot. Currently boasting a 95.2% occupancy rate and a 6.00% cap rate, this multi-tenant property offers a diverse mix of retail shops, professional, and medical offices. The investment features a valuable income-producing hi-rise billboard under a ground lease, adding to the overall return. A large monument sign ensures excellent visibility along the main highway, maximizing exposure for tenants. The property benefits from a NNN lease structure, minimizing landlord responsibilities to roof maintenance, parking lot upkeep, and common area maintenance. This prime location in Killeen, the principal city of the Killeen-Temple-Fort Hood metropolitan area, is surrounded by other thriving retail centers, ensuring consistent foot traffic and strong tenant demand. This is a rare opportunity to acquire a well-established, high-performing retail asset in a rapidly growing market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.