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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

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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
Freestanding
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

Taco Casa
Blimpie
Anytime Fitness
Starbucks
Teriyaki Madness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
467796
Land Assessment
$151,296
Improvements Assessment
$1,023,427
Total Assessment
$1,174,723
  • Listing ID: 24037340

  • Date on Market: 9/4/2021

  • Last Updated:

  • Address: 3804 W Stan Schlueter Loop, Killeen, TX 76549

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