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404 E Veterans Memorial Blvd 4,058 SF 100% Leased Retail Building Killeen, TX 76541 $895,000 ($220.55/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic with a lighted corner, 9.5 CAP!
- Recent price REDUCTION from $1.2 million NOW $895,000
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$110,400
|
$27.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$110,400
|
$27.21
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $110,400 |
| Annual Per SF | $27.21 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $110,400 |
| Annual Per SF | $27.21 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,058 SF
Building Class
B
Year Built
1998
Price
$895,000
Price Per SF
$220.55
Cap Rate
9.50%
NOI
$85,025
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.98 AC
Zoning
B5 - Zoned for commercial use
Parking
44 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
153’ on E Veterans Memorial Blvd
AMENITIES
- Banking
- Pylon Sign
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $574,155 (2025) | |
| Land Assessment | $226,257 (2025) | Total Assessment | $800,412 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$226,257 (2025)
Improvements Assessment
$574,155 (2025)
Total Assessment
$800,412 (2025)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Colt Real Estate Group
404 E Veterans Memorial Blvd
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