500 W Stan Schlueter Loop - Retail FOR SALE


Killeen, TX 76542- Killeen/Fort Hood
$3,632,000 USD
949-903-8099
500 W Stan Schlueter Loop, Killeen, TX for Sale
$3,632,000 USD
Retail - FOR SALE
1/8
null | 4.75% Cap Rate

500 W Stan Schlueter Loop
Killeen, TX 76542
Killeen/Fort Hood


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Options To Extend | Drive-Thru Equipped
  • The Shops at Killeen | Signalized Hard Corner Location |Dense Retail Corridor | Ellison High School | High Traffic Counts
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple (land & building ownership) in an absolute NNN-leased Chipotle investment property located in Killeen, Texas. The tenant, Chipotle, recently signed a brand-new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is an absolute NNN ground lease with no landlord responsibilities, making it an ideal, zero management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,632,000 USD

PRICE/SF

$1,562 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle | New 15yr Corp Abs NNN w/ Increases

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

B-5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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