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3804 W Stan Schlueter Loop 5,672 sq ft 100% Let Retail Property Killeen, TX 76549 £1,554,735 (£274.11/sq ft) 5.14% Net Initial Yield
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 FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Property Size
5,672 sq ft
Costar Property Class
B
Year Built
2013
Price
£1,554,735
Price per sq ft
£274.11
Yield
5.14%
NOI
£79,958
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.15
Total Plot Size
0.89 ac
Use Class
B-5 - Strip Center - (Current Zoning is B-5) Professional Center- Restaurant, Office Space
Also Ideal For A Dental Clinic, OR Accounting Office
Parking
20 Spaces (3.53 Spaces per 1,000 sq ft Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Ice Bee's Ice Cream
- Service type
- 1,563 sq ft
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Ice Bee's Ice Cream | Service type | 1,563 sq ft | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 467796 | Improvements Assessment | £757,694 |
| Land Assessment | £112,012 | Total Assessment | £869,706 |
PROPERTY TAXES
Parcel Number
467796
Land Assessment
£112,012
Improvements Assessment
£757,694
Total Assessment
£869,706
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3804 W Stan Schlueter Loop
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