This property is Off-Market

2410 Trimmier Blvd.
Killeen, TX 76541 ·

8,000 SF · Retail For Sale

N/A

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FAMILY DOLLAR STORE - Must See Aerial!

Price N/A Construction Status Under Construction/Proposed
Building Size 8,000 SF Cap Rate 8%
Property Type Retail Occupancy 100%
Property Sub-type Free Standing Bldg Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease
Listing ID: 17327567 Date Created: 09/12/2011 Last Updated: 05/30/2012

Description

Quantum Real Estate Advisors, Inc. ( QREA ) has been retained to exclusively offer for sale a single-tenant free-standing Family Dollar in Killeen, TX. The subject property consists of an 8,000 sf building that sits on an approximate 1 acre parcel of land. For sale is the building, land and income stream generated by a 10 year
NN lease signed by the tenant, Family Dollar Stores, Inc.

The subject property is located at the signalized NEC of Trimmier Blvd & Harwood Rd. in Killeen, TX. Killeen is approximately 65 miles north of Austin and 180 miles northwest of Houston. There are 160,000 people living within five miles of the site with an average household income of $56,000. This location is typical of the countless, successful Family Dollar Stores and follows the same site selection principals that have made Family Dollar one of the most profitable retailers in the world. The site benefits from excellent ingress/egress, visibility and exposure to the 35,000 cars per day that travel past this intersection. There is a HEB Grocery anchored center directly across the street and a Walmart Supercenter just one block east of the site. Other immediate area retail tenants include: Kohl' s, Whataburger, Bank of America, Papa John' s Pizza, Starbucks, Subway, Barnes & Noble, Jack In The Box, Walgreens, Red Lobster, and Wendy' s. The subject property is also located next to the Grace Lutheran Church and School. United States Highway 190, located just to the north, is trafficked by more than 80,000 vehicles per day.

Highlights

  • **Seller will consider a rent credit from closing to actual rent commencement date**
  • New Construction building with long term warranties on roof, structure an parking lot (concrete parking lot)
  • New 10 year NN lease with (6) 5 year renewal options - 10% rent increases in options
  • Site is trafficked by more than 35,000 VPD
  • MUST SEE AERIAL PHOTO
  • Ideal for 1031 Exchange

Research

2410 Trimmier Blvd., Killeen, TX 76541 (Bell County)

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