Almost 2 full blocks of frontage on E Veterans Memorial Drive (Hwy 190) in Killeen, TX between S 8th Street and S 10th Street. Current Auto Dealership plus complimentary businesses. Ideal for redevelopment as well. Heavy traffic flow. Four tax parcels with a total of 1.977 acres.Rare commercial opportunity in fast growing Killeen. Owner is occupying the main dealership and lot on a lighted corner. Building has a new roof, 6 offices, there is a safe (building was a bank when built) breakroom, and kitchen area. Tile flooring throughout the main area. Owner will either vacate at closing, or is willing to sign a 3 year gross lease at $7,000 per month, no NNN’s. There are an additional 2 tenants leasing 2 buildings on parcel 80574 and parcel 7608, combined lease amount of the 2 tenants is $2700.00 monthly. There is an older residential structure on the property that would need to be demolished at some point, it is not habitable. This is an entire block with city street on all for sides. Please do not disturb any of the businesses, make an appointment for a tour.
404 and 420 E Veterans Memorial Blvd Killeen, TX, Killeen, TX 76541
404 and 420 E Veterans Memorial Blvd Killeen, TX, Killeen, TX 76541
Details
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Property Type
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Class
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Tenancy
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Cap Rate
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Units
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Stories
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Lot Size (acres)
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Subtype
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Lease Type
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Square Footage
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Occupancy
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Buildings
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Zoning
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Retail
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C
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Multi
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7.50%
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3
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1
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1.977
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Auto Shop
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Gross
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1,800 – 3,918
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100%
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4
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B5
Total Units:
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