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2808 Illinois Ave
Killeen, TX 76543
Animal Emergency Center of Killeen · Retail Property For Sale
Investment Highlights
- Emergency & Critical Care Overnight Hospital: Animal Emergency Center of Killeen is a trusted emergency and overnight veterinary hospital
- AAHA (American Animal Hospital Association) Accredited Hospital: The American Animal Hospital Association (AAHA) sets the benchmark for excellence
- Built-To-Suit Veterinary Facility: The hospital was built from the ground up in 2020 as state-of-the-art, purpose-built veterinary facility
- Minimal Landlord Responsibilities | Scheduled Rental Increases: The lease features above average annual rent escalations of 2.50%
- Prime Location: The hospital is ideally situated in the heart of Killeen’s primary retail hub, adjacent to Killeen Mall
- No State Personal or Corporate Income Tax: Texas imposes no personal or corporate state income tax, resulting in one of the lowest overall tax burdens
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
3,528 SF
Building Class
B
Year Built
2020
Price
$1,500,000
Price Per SF
$425.17
Cap Rate
6.34%
NOI
$95,028
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Zoning
B-5 - Business District
Frontage
123’ on Illinois Avenue
Property Taxes
| Parcel Number | 366518 | Improvements Assessment | $349,232 |
| Land Assessment | $273,768 | Total Assessment | $623,000 |
Property Taxes
Parcel Number
366518
Land Assessment
$273,768
Improvements Assessment
$349,232
Total Assessment
$623,000
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