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802-806 N Gray St 9,496 SF 35% Leased Retail Building Killeen, TX 76541 For Sale
Investment Highlights
- 3 Suite Standalone Building on a Hard Corner in the heart of downtown Killeen, Texas.
- Multi Tenant Free Standing Retail/Flex Center
- New Roof in 2022 / Drive-thru Buildout
- Over 250 feet of high visibility frontage on two major downtown streets
- Property Use - Retail, Flex, Restaurant, Event Center, Office, etc...
- Positive NOI with only 1 Suite Leased
Executive Summary
strong population growth Texas is experiencing.
Priced significantly below market value, the property offers three separate tenant spaces with one currently leased. Ideal scenario for an investor or owner user with the extra perk of mailbox money.
Downtown Killeen is going through a Revitalization movement with 35+ new business moving to the area.The property offers over 250 feet of high visibility frontage on two major downtown streets to take full advantage of this uptake in demand.
Current local area developments include: Killeen Business Park Expansion, Wolf Technology Park, Dongjin Semichem Facility, Bell County Annex Development, Local Retail & Residential Development.
CapEx: New Roof 2022, Parking Lot Updates, Electrical Updates, Interior and Exterior Paint, Space Build-Outs.
Property Facts
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
802 A – Retail Space • 500–800 SF Available • $900–$1,200/month • Ideal for a retail shop, boutique, or small eatery 802 B – Office Space • 150–650 SF Available • $350/month for 150 SF • $1,000/month for 650 SF (Gross Lease) • Perfect for a private office, creative workspace, or consulting business Positioned on a high-visibility corner lot in rapidly growing Downtown Killeen, this versatile space offers unbeatable value! Whether you're opening a retail shop, restaurant, or professional office, this location is full of opportunity. Highlights: • Flexible space options to suit your needs • Gross lease- Landlord pays utilities • Remodeling allowances available for qualified tenants • Recent upgrades include new paint, roof, parking lot improvements, and interior build-outs • Flexible lease terms + potential free rent incentives The area is booming: • The new Bell County Courthouse Annex is just blocks away • Located directly across from the Boys & Girls Club of Central Texas • A multi-million-dollar redevelopment project across the street will bring a new event center • The Rancier corridor is undergoing a $68 million revitalization Secure your space now while rates are still low and be part of Downtown Killeen’s exciting transformation!
Favorable lease rates while renovations are underway. Customizable retail/office suites ranging from 145 - 2,756 square feet. Break area and restrooms included! Starting rent at $350/mo for an individual office. Upcoming redevelopment includes Bell County's new 30,000-square-foot annex at 507 N. Gray. Listing 1: Retail: 440 sf - 750 sf Listing 2: Office: 145 sf - 750 sf
| Space | Size | Space Use | Position | Available |
| 802 A & B | 150-3,460 SF | Retail | End Cap | Now |
| 804 A & B | 2,756 SF | Retail | In-Line | Now |
802 A & B
| Size |
| 150-3,460 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
804 A & B
| Size |
| 2,756 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
802 A & B
| Size | 150-3,460 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
802 A – Retail Space • 500–800 SF Available • $900–$1,200/month • Ideal for a retail shop, boutique, or small eatery 802 B – Office Space • 150–650 SF Available • $350/month for 150 SF • $1,000/month for 650 SF (Gross Lease) • Perfect for a private office, creative workspace, or consulting business Positioned on a high-visibility corner lot in rapidly growing Downtown Killeen, this versatile space offers unbeatable value! Whether you're opening a retail shop, restaurant, or professional office, this location is full of opportunity. Highlights: • Flexible space options to suit your needs • Gross lease- Landlord pays utilities • Remodeling allowances available for qualified tenants • Recent upgrades include new paint, roof, parking lot improvements, and interior build-outs • Flexible lease terms + potential free rent incentives The area is booming: • The new Bell County Courthouse Annex is just blocks away • Located directly across from the Boys & Girls Club of Central Texas • A multi-million-dollar redevelopment project across the street will bring a new event center • The Rancier corridor is undergoing a $68 million revitalization Secure your space now while rates are still low and be part of Downtown Killeen’s exciting transformation!
804 A & B
| Size | 2,756 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Favorable lease rates while renovations are underway. Customizable retail/office suites ranging from 145 - 2,756 square feet. Break area and restrooms included! Starting rent at $350/mo for an individual office. Upcoming redevelopment includes Bell County's new 30,000-square-foot annex at 507 N. Gray. Listing 1: Retail: 440 sf - 750 sf Listing 2: Office: 145 sf - 750 sf
Nearby Major Retailers
Property Taxes
| Parcel Number | 36383 | Improvements Assessment | $316,562 |
| Land Assessment | $56,250 | Total Assessment | $372,812 |
Property Taxes
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802-806 N Gray St
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