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3804 W Stan Schlueter Loop 5,672 SF 100% Leased Retail Building Killeen, TX 76549 $2,100,000 ($370.24/SF) 5.14% Cap Rate



INVESTMENT HIGHLIGHTS
- Incredible Access To Stan Schlueter Loop
- Room For Phase II Growth Of 14,000 Square Feet
- Immediately Adjacent To Walmart Super Center
- Airport Access to GRK - Greater Killeen
EXECUTIVE SUMMARY
The S.K. Plaza Is Located Adjacent To Walmart Super Center On Stan Schlueter Loop. This Commercial Center Sits On .864 Acres & Begins With 4 Individual Rental Units [101,102,103,104], A State Of The Art Electronic Billboard, ATM Machine, Ice Machine, Food Truck Rental Spaces + 43 Parking Spaces. Tremendous Potential - The attached Lot Behind The S.K. Plaza is An Additional 2.104 Acres and is Ready For A Phase II Development of Potentially Up to An Additional 14,000 Square Feet. Total Combined Acres = 2.968. It is Listed Separately for $1.1M
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,672 SF
Building Class
B
Year Built
2013
Price
$2,100,000
Price Per SF
$370.24
Cap Rate
5.14%
NOI
$108,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.89 AC
Zoning
B-5 - Strip Center - (Current Zoning is B-5) Professional Center- Restaurant, Office Space
Also Ideal For A Dental Clinic, OR Accounting Office
Parking
20 Spaces (3.53 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Ice Bee's Ice Cream
- Services
- 1,563 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ice Bee's Ice Cream | Services | 1,563 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 467796 | Improvements Assessment | $1,023,427 |
| Land Assessment | $151,296 | Total Assessment | $1,174,723 |
PROPERTY TAXES
Parcel Number
467796
Land Assessment
$151,296
Improvements Assessment
$1,023,427
Total Assessment
$1,174,723
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3804 W Stan Schlueter Loop
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