1500-1600 Lowes Blvd - Retail FOR SALE


Killeen, TX 76542- Killeen/Fort Cavazos
$17,111,000 USD
510-289-1166
1500-1600 Lowes Blvd, Killeen, TX for Sale
$17,111,000 USD
Retail - FOR SALE
1/6
null | 7.35% Cap Rate

1500-1600 Lowes Blvd
Killeen, TX 76542
Killeen/Fort Cavazos


HIGHLIGHTS

  • 100% Leased Shopping Center Anchored by Northern Tool + Equipment and Boot Barn
  • Situated in Killeen’s Primary Retail Hub Just Off I-14/US-90 (83,000 ADT)
  • Adjacent to Walmart Supercenter (Top 3% Nationwide) with Nearby Lowe’s, Hobby Lobby, And Kohl’s
  • Directly Across from Killeen Mall (554,000 SF | 80+ Stores)
  • 5 Miles to Fort Hood (70,000+ Military and Civilian Personnel; $39B+ Annual Texas Economic Impact)
  • Strong Regional Demand: 250,000 Population within 10 Miles; 9.39% Forecast Five-Year Growth

OVERVIEW

Our team is now offering a 100% leased shopping center anchored by Northern Tool + Equipment and Boot Barn, strategically located in the heart of Killeen’s dominant retail corridor. Positioned just off I-14/US-190 (83,000 ADT) and directly across from Killeen Mall, the property is surrounded by top national anchors and major demand drivers. This is a rare opportunity to acquire a stabilized income-producing asset in a high-growth Texas market, priced below replacement cost at just $212 PSF. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

FOR SALE DETAILS

PRICE

$17,111,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Killeen Marketplace

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

551

LAND DETAILS

LAND ACRES

14.08 AC

LAND SF

613,325 SF

ZONING

-

APN/PARCEL ID

211195

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.