Office Max (the "Property") is a freestanding, single-tenant retail asset prominently located at 1800 Lowes Boulevard in Killeen, Texas. Situated within a thriving retail corridor just off Interstate 14, the Property benefits from excellent visibility and accessibility, drawing from a strong regional consumer base and steady vehicle traffic of over 82,000 VPD.
The Property comprises approximately 23,500 square feet and was constructed in 1998. It is 100% leased to OfficeMax under a NNN lease structure, with minimal landlord responsibilities. The tenant has approximately 4.92 years remaining on the current lease term, with two additional five-year renewal options at increasing rental rates, offering long-term income stability and potential for growth.
Surrounded by national retailers such as Walmart, Lowe’s, Kohl’s, and HEB Plus, the Property is strategically positioned in a highly active trade area. The offering provides investors with an opportunity to acquire a stabilized, income-producing asset in a dynamic and growing Central Texas market.