1900 Elms Rd Killeen, TX 76542-3357
This exceptional commercial property in Killeen, TX, offers two 1,500 sq ft suites within an 18,000 sq ft, Class A, multi-tenant building situated on a 1.66-acre lot at 1900 E Elms Rd. Built in 2007, the property boasts 9 total suites across two single-story buildings, providing ample parking with 91 spaces. One suite is a finished retail space (available February 1, 2025), currently used as a computer repair shop, ideal for retail, professional office, or medical use. The second suite is a raw, unfinished shell, ready for immediate build-out to suit a tenant's specific needs. Both suites offer excellent visibility and accessibility, located on Elms Rd between WS Young Dr and Trimmier Rd, near the Shilo Inn and Killeen Convention Center. The property is zoned B-5. Lease terms are modified gross, with a 5-year lease at a base rate of $1.75/sq ft for the finished space and $1.65/sq ft for the raw space. Landlord covers trash dumpster and water (finished space only); tenants are responsible for all other utilities. Nearby businesses include The Hair Lounge Salon, Felicity Nails And Spa, Fiber One, Edward Jones, All City Real Estate, Laurel Ridge, and Regional Finance. This property presents a unique opportunity for businesses seeking a prominent location in a thriving Killeen commercial area.
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Dr. Joel Kutnick, MD Physician
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Laurel Ridge Treatment Center Medical Clinic
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Zsamekrien Steed- All City Real Estate, Ltd. Co. Real Estate Agency
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Kendra Barger TX Lic Realtor® Real Estate Agency
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Kristin Butler TX Licensed Realtor Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.