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202 E Veterans Memorial Blvd

15,795 SF 100% Leased Retail Building Killeen, TX 76541 $3,511,700 CAD ($222 CAD/SF) 5.78% Cap Rate

Investment Highlights

  • Central location
  • Major street
  • Walking distance
  • Great Visibility

Executive Summary

FULLY RENTED - Excellent income property in the heart of Killeen. Corner Pocket Pool Hall, Cloud Vape and Smoke, Church and PapaJohns Pizza. Large open parking area, lighted marquis.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $281,144 $17.80
Other Income - -
Vacancy Loss - -
Effective Gross Income $281,144 $17.80
Taxes - -
Operating Expenses - -
Total Expenses $57,199 $3.62
Net Operating Income $223,945 $14.18

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $281,144
Annual Per SF $17.80
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $281,144
Annual Per SF $17.80
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $57,199
Annual Per SF $3.62
Net Operating Income (CAD)
Annual $223,945
Annual Per SF $14.18

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,795 SF
Building Class
B
Year Built
1995
Price
$3,511,700 CAD
Price Per SF
$222 CAD
Cap Rate
5.78%
NOI
$203,061 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Land Acres
0.99 AC
Zoning
B-5 - No liquor sales or consumption, no gaming or entertainment of any kind will be allowed in any suites as long as Corner Pocket is still in business.
Parking
50 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
210 ft on E Veterans Memorial Blvd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection

About 202 E Veterans Memorial Blvd , Killeen, TX 76541

FULLY RENTED :Excellent location for this young plaza/shopping center. Very attractive all dark glass front.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Christiana Iglesia
  • Educational Services
  • 2,400 SF
  • $10.90 CAD
  • Net
  • May 2026
  • Cloud Smoke and Vape
  • Arts, Entertainment, and Recreation
  • 2,349 SF
  • $18.31 CAD
  • Modified Gross
  • Dec 2027
  • Corner Pocket
  • -
  • 9,234 SF
  • $16.72 CAD
  • Net
  • Jun 2027
  • Accommodation and Food Services
  • -
  • -
  • -
  • Mar 2027

Le secret du succès de Papa John est un peu comme le secret de la fabrication d'une meilleure pizza - plus on y met, plus on en tire. Leur famille de pizzas est aussi avide de perfection aujourd'hui qu'elle l'était lorsqu'elle a ouvert ses portes il y a des années. Et ils sont déterminés à être les meilleurs dans la fabrication de nouveaux produits et recettes novateurs. Ils n'utilisent pas d'ingrédients bon marché et plus transformés. Qu'il s'agisse de leur sauce signature, de leurs garnitures, de leur pâte fraîche originale ou même de la boîte elle-même, ils investissent dans leurs ingrédients pour s'assurer qu'ils donnent toujours la meilleure qualité de pizza.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Christiana Iglesia Educational Services 2,400 SF $10.90 CAD Net May 2026
Cloud Smoke and Vape Arts, Entertainment, and Recreation 2,349 SF $18.31 CAD Modified Gross Dec 2027
Corner Pocket - 9,234 SF $16.72 CAD Net Jun 2027
Accommodation and Food Services - - - Mar 2027
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

H-E-B
Planet Fitness
The YMCA
Buddy's Home Furnishings
Starbucks
Sam's Southern Eatery
Rent-A-Center
Denny's
Navy Federal Credit Union
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
132801
Land Assessment
$212,943 CAD
Improvements Assessment
$2,439,686 CAD
Total Assessment
$2,652,629 CAD
  • Listing ID: 31342727

  • Date on Market: 2019-08-26

  • Last Updated:

  • Address: 202 E Veterans Memorial Blvd, Killeen, TX 76541

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