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401 N 8th St 6,000 - 18,000 SF of Retail Space Available in Killeen, TX 76541
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,000 SF | 5-10 Years | $8.00 /SF/YR $0.67 /SF/MO $96,000 /YR $8,000 /MO | Triple Net (NNN) | ||
| 2nd Floor | 6,000 SF | 5-10 Years | $16.00 /SF/YR $1.33 /SF/MO $96,000 /YR $8,000 /MO | Triple Net (NNN) |
1st Floor
Long term tenant needed, Please reach out for more information regarding the space. asking $8,000/month NNN
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 18,000 SF of adjacent space
- Central Air and Heating
- High Ceilings
- Exposed Ceiling
- Wheelchair Accessible
2nd Floor
Long term tenant needed, Please reach out for more information regarding the space.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 18,000 SF of adjacent space
- Central Air and Heating
- High Ceilings
- Exposed Ceiling
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 18,000 SF | Gross Leasable Area | 18,100 SF |
| Property Type | Retail | Year Built | 1954 |
| Property Subtype | Storefront | Parking Ratio | 0.66/1,000 SF |
| Total Space Available | 18,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 18,100 SF |
| Year Built | 1954 |
| Parking Ratio | 0.66/1,000 SF |
ABOUT THE PROPERTY
Historic Downtown Killeen Total Building Size: 18,000 SF Ground Floor: 12,000 SF Second Floor: 6,000 SF Property Overview Located in the heart of Killeen’s Historic Downtown District, this iconic 18,000-square-foot commercial building offers a rare opportunity to establish or expand a business in one of the city’s most historically significant and revitalizing corridors. The property previously housed the legendary Modern TV & Appliance, a family-owned business founded in 1957 by T.J. Mills. Operating for over 50 years, the business was a cornerstone of downtown Killeen and remains a well-known local landmark. Key Features Prominent downtown location in the Historic Downtown District Large, flexible floor plates suitable for retail, office, showroom, restaurant, entertainment, mixed-use, or creative concepts Two-story configuration allowing for multi-tenant or single-user layouts Excellent visibility and walkability within the downtown core Rich historical character with strong community recognition Incentives & Redevelopment Opportunities This property qualifies for incentives under the City of Killeen’s North Killeen Revitalization Program, designed to encourage redevelopment and long-term business success in the Downtown Historic District. Available benefits may include: Grants and funding assistance for qualifying projects Fee waivers in accordance with Ordinance 23-001, adopted January 10, 2023 Incentives for rehabilitation, expansion, and/or new construction Flexibility for non-conforming lots, provided the structure is brought up to current building codes These incentives significantly reduce upfront development costs and support adaptive reuse for commercial and mixed-use projects. Ideal Uses Retail or flagship storefront Restaurant, bar, or food hall Office or coworking space Event venue or entertainment concept Mixed-use commercial Community-focused or destination business Location Highlights Central location in Historic Downtown Killeen Part of an active revitalization zone backed by city support Strong local identity and historical significance Easy access to surrounding neighborhoods and major corridors
NEARBY MAJOR RETAILERS
Presented by
Vanguard Outpost Holdings INC
401 N 8th St
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