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Office Max 1800 Lowes Blvd 23,500 SF Retail Building Killeen, TX 76542 For Sale
Investment Highlights
- Credit Tenant & Long-Term Lease: OfficeMax, a well-established national brand, occupies the property under a NNN lease with 4.92 years remaining.
- Excellent Visibility & Access: The site enjoys exposure to over 82,000 vehicles per day via Interstate 14.
- Passive, Low-Touch Ownership: Triple-net (NNN) lease structure ensures minimal landlord responsibilities, making it a truly hands-off investment.
- Thriving Retail Corridor Location: Located in the heart of Killeen’s busiest retail hub, the Property is surrounded by top-tier retailers.
- Attractive Demographics: A dense and growing population of nearly 192,000 residents within five miles.
Executive Summary
Office Max (the "Property") is a freestanding, single-tenant retail asset prominently located at 1800 Lowes Boulevard in Killeen, Texas. Situated within a thriving retail corridor just off Interstate 14, the Property benefits from excellent visibility and accessibility, drawing from a strong regional consumer base and steady vehicle traffic of over 82,000 VPD.
The Property comprises approximately 23,500 square feet and was constructed in 1998. It is 100% leased to OfficeMax under a NNN lease structure, with minimal landlord responsibilities. The tenant has approximately 4.92 years remaining on the current lease term, with two additional five-year renewal options at increasing rental rates, offering long-term income stability and potential for growth.
Surrounded by national retailers such as Walmart, Lowe’s, Kohl’s, and HEB Plus, the Property is strategically positioned in a highly active trade area. The offering provides investors with an opportunity to acquire a stabilized, income-producing asset in a dynamic and growing Central Texas market.
The Property comprises approximately 23,500 square feet and was constructed in 1998. It is 100% leased to OfficeMax under a NNN lease structure, with minimal landlord responsibilities. The tenant has approximately 4.92 years remaining on the current lease term, with two additional five-year renewal options at increasing rental rates, offering long-term income stability and potential for growth.
Surrounded by national retailers such as Walmart, Lowe’s, Kohl’s, and HEB Plus, the Property is strategically positioned in a highly active trade area. The offering provides investors with an opportunity to acquire a stabilized, income-producing asset in a dynamic and growing Central Texas market.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
23,500 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
5.13 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
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Jan 0000
Formed by the merger of Office Depot and OfficeMax, Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school, or car. Office Depot, Inc. is a resource and a catalyst to help customers work better. The company is a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
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Retailer | - | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 196727 | Improvements Assessment | $1,155,425 |
| Land Assessment | $1,364,575 | Total Assessment | $2,520,000 |
Property Taxes
Parcel Number
196727
Land Assessment
$1,364,575
Improvements Assessment
$1,155,425
Total Assessment
$2,520,000
Contacts
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John David Cobb -
Brandon Beeson -
Claire Schmeltekopf -
EDGE Realty Capital Markets
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Office Max | 1800 Lowes Blvd
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