Killeen Square - Fuddrucker Center

Shopping Center for Sale
Catylist Listing ID: 30273470
Property Subtypes: Neighborhood Center, Strip Center
Building Size (RSF): 14,794 SF
Gross Land Area: 1.27 Acres
Sale Price: $1,900,000
Unit Price: $128.43 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: Killeen Square - Fuddrucker Center
Usable Size (USF): 14,794 SF
Sale Terms: Cash to Seller
Cap Rate: 7.9%
Average Occupancy Rate: 95
Last Updated: 1/14/2019

Overview / Comments

A multi-tenant retail center located on the ring road of Killeen Mall with exposure to I-14 (Central Texas Expressway) Cap rate over 7.9%

Fuddrucker's has been a tenant for over 15 years, but only signs one year leases.
As of 12/01/2018 only one vacancy (2,040 s.f.) Great visibility to highway and Killeen Mall.

Additional Details

Nearest MSA: Killeen-Temple
County: Bell
Taxing Authority: Bellcad
Tax ID/APN: 59687
Zoning: B-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Central Texas Expressway and W.S.Young Dr.
Property Visibility: Excellent
Largest Nearby Street: Central Texas Expressway (I-14)
Highway Access: Central Texas Expressway (I-14) and W.S.Young Dr.
Airports: Greater Killeen Airport
Site Description: Neighborhood center with multiple tenants located on the ring road of Killeen Mall.
Area Description: High visibility area in the center of the growth area.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,794 SF
Property Condition: Good
Year Built: 1986
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick exterior with glass fronts on retail space.
Parking Type: Surface
Parking Description: Off street asphalt paving.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Satellite
Zoning Description: B-3 Local Retail
Lot Frontage: Varies
Lot Depth: Varies
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Lot 12, BLock 1, Killeen Mall Subdivision Replat (1.267 Acres)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,614 98,848 157,910
Median Age: 28.99 28.75 28.02
Households: 5,618 37,867 55,923
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.