2502 Trimmier Rd Killeen, TX 76541

This exceptional investment opportunity presents a 13,170 square foot CVS Pharmacy located at 2502 Trimmier Rd, Killeen, TX 76542. The property, built in 2013, sits on a 1.33-acre lot and boasts a strong 7.32% cap rate with a Net Operating Income (NOI) of $464,855. The absolute NNN lease with CVS Pharmacy, a credit-rated tenant, has a remaining term of approximately 14.2 years, expiring January 31, 2039, and includes ten 5-year lease options with rent bumps in those option periods. The asking price is $6,353,027, translating to a price per square foot of $482.39. The property enjoys 100% occupancy and benefits from its location in a densely populated area with over 190,000 residents within a 5-mile radius, surrounded by numerous national retailers including Walmart, Walgreens, and HEB. High visibility along Trimmier Rd, with over 15,539 vehicles passing daily, further enhances the property's appeal. Killeen is part of the Killeen-Temple-Fort Hood Metropolitan Statistical Area, a region with a population exceeding 310,000 and located 66 miles north of Austin, Texas. A rent holiday commences January 10, 2036. This is a zero cash flow deal with pricing based on the seller defeasing the existing loan at closing.