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1115 W Veterans Memorial Blvd 43,199 SF 95% Leased Retail Building Killeen, TX 76541 $5,800,000 ($134.26/SF) 5.36% Cap Rate
Executive Summary
Prime Commercial Real Estate Opportunity | Prime Frontage on W Veterans Memorial Blvd
Position your business or investment portfolio for maximum exposure on one of Killeen’s busiest commercial thoroughfares. Situated on a generous 0.77-acre corner/multi-lot parcel (Lots 1–7) along West Veterans Memorial Boulevard, this high-visibility commercial property delivers exceptional traffic counts, flexible zoning, and direct proximity to Fort Cavazos (formerly Fort Hood).
Key Property Highlights
Unbeatable High-Visibility Corridor: Positioned directly on W Veterans Memorial Blvd with maximum street frontage and excellent curb appeal.
Proximity to Fort Cavazos: Minutes from the main gates of Fort Cavazos, capturing steady, daily consumer traffic from military personnel, defense contractors, commuters, and local residents.
Substantial Site Footprint: Sitting on a 0.77 AC lot, providing ample parking, easy ingress/egress, and flexible layout potential.
Versatile Commercial Potential: Ideally suited for retail storefronts, automotive sales/service, a showroom, medical/office space, or a multi-tenant redevelopment project.
Strong Area Synergies: Surrounded by established national and regional retailers, automotive centers, and local service providers.
Ideal For:
Owner-Operators: Establish or expand your business in a high-density, high-traffic trade area.
Commercial Investors: Value-add or buy-and-hold opportunity in the fast-growing Bell County market.
National / Regional Franchisees: Excellent footprint for auto supply, retail, flex/warehouse, or service-oriented concepts.
Position your business or investment portfolio for maximum exposure on one of Killeen’s busiest commercial thoroughfares. Situated on a generous 0.77-acre corner/multi-lot parcel (Lots 1–7) along West Veterans Memorial Boulevard, this high-visibility commercial property delivers exceptional traffic counts, flexible zoning, and direct proximity to Fort Cavazos (formerly Fort Hood).
Key Property Highlights
Unbeatable High-Visibility Corridor: Positioned directly on W Veterans Memorial Blvd with maximum street frontage and excellent curb appeal.
Proximity to Fort Cavazos: Minutes from the main gates of Fort Cavazos, capturing steady, daily consumer traffic from military personnel, defense contractors, commuters, and local residents.
Substantial Site Footprint: Sitting on a 0.77 AC lot, providing ample parking, easy ingress/egress, and flexible layout potential.
Versatile Commercial Potential: Ideally suited for retail storefronts, automotive sales/service, a showroom, medical/office space, or a multi-tenant redevelopment project.
Strong Area Synergies: Surrounded by established national and regional retailers, automotive centers, and local service providers.
Ideal For:
Owner-Operators: Establish or expand your business in a high-density, high-traffic trade area.
Commercial Investors: Value-add or buy-and-hold opportunity in the fast-growing Bell County market.
National / Regional Franchisees: Excellent footprint for auto supply, retail, flex/warehouse, or service-oriented concepts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
43,199 SF
Building Class
B
Year Built/Renovated
1963/2011
Price
$5,800,000
Price Per SF
$134.26
Cap Rate
5.36%
NOI
$311,000
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
4.00 AC
Zoning
B-5 - Flexible for a range of Retail and general commercial businesses : City Zoning Code B-5
Parking
150 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
468’ on W Veterans Memorial Blvd
Amenities
- Dedicated Turn Lane
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 113852 | Improvements Assessment | $337,233 |
| Land Assessment | $232,994 | Total Assessment | $570,227 |
Property Taxes
Parcel Number
113852
Land Assessment
$232,994
Improvements Assessment
$337,233
Total Assessment
$570,227
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1115 W Veterans Memorial Blvd