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3804 W Stan Schlueter Loop

5,672 SF 100% Leased Flex Building Killeen, TX 76549 £1,670,113 (£294/SF) 5.14% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Incredible Access To Stan Schlueter Loop
Room For Phase II Growth Of 14,000 Square Feet

Immediately Adjacent To Walmart Super Center
Airport Access to GRK - Greater Killeen

EXECUTIVE SUMMARY

The S.K. Plaza Is Located Adjacent To Walmart Super Center On Stan Schlueter Loop. This Commercial Center Sits On .864 Acres & Begins With 4 Individual Rental Units [101,102,103,104], A State Of The Art Electronic Billboard, ATM Machine, Ice Machine, Food Truck Rental Spaces + 43 Parking Spaces. Tremendous Potential - The attached Lot Behind The S.K. Plaza is An Additional 2.104 Acres and is Ready For A Phase II Development of Potentially Up to An Additional 14,000 Square Feet. Total Combined Acres = 2.968. It is Listed Separately for $1.1M

Property Condition Statement - 3804 W. Stan Schlueter Lp, Killeen TX 76549

MLS Sheet - 3804 W Stan Schlueter Loop, Killeen TX 76549

MLS Sheet 3704 W Stan Schlueter Loop, Killeen TX 76549

PROPERTY FACTS

Price	£1,670,113	Building Class	B
Price Per SF	£294	Lot Size	0.89 AC
Sale Type	Investment NNN	Rentable Building Area	5,672 SF
Net Initial Yield	5.14%	Number of Floors	1
Sale Condition	1031 Exchange	Year Built	2013
Property Type	Flex	Parking Ratio	3.53/1,000 SF
Property Subtype	Showroom General Retail Restaurant OfficeLoft Creative Space General Retail Department Store

Price	£1,670,113
Price Per SF	£294
Sale Type	Investment NNN
Net Initial Yield	5.14%
Sale Condition	1031 Exchange
Property Type	Flex
Property Subtype	Showroom General Retail Restaurant OfficeLoft Creative Space General Retail Department Store
Building Class	B
Lot Size	0.89 AC
Rentable Building Area	5,672 SF
Number of Floors	1
Year Built	2013
Parking Ratio	3.53/1,000 SF

AMENITIES

Restaurant

Fiber Optic Internet

Gas - Propane
Water - City
Sewer - City

MAJOR TENANTS

Ice Bee's Ice Cream
Service type
1,563 SF
-
-

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF			LEASE END
Ice Bee's Ice Cream	Service type	1,563 SF	-			-

1 of 1

PROPERTY TAXES

Parcel Number	467796	Improvements Assessment	£754,958
Land Assessment	£179,290	Total Assessment	£934,248

PROPERTY TAXES

Parcel Number

467796

Land Assessment

£179,290

Improvements Assessment

£754,958

Total Assessment

£934,248

ZONING

Zoning Code	B-5 (Strip Center - (Current Zoning is B-5) Professional Center- Restaurant, Office Space Also Ideal For A Dental Clinic, OR Accounting Office)
B-5 (Strip Center - (Current Zoning is B-5) Professional Center- Restaurant, Office Space Also Ideal For A Dental Clinic, OR Accounting Office)