2808 Illinois Ave, Killeen, TX 76543

Emergency & Critical Care Overnight Hospital: Animal Emergency Center of Killeen is a trusted emergency and overnight veterinary hospital, providing urgent, lifesaving care when primary clinics are closed. The facility treats a wide range of emergency cases and is equipped with on-site diagnostics, imaging, and in-house lab services to deliver timely, high-quality care. As a critical part of the local veterinary network, the hospital serves an essential, always-in-demand role within the community.

Minimal Landlord Responsibilities | Scheduled Rental Increases: The lease features above average annual rent escalations of 2.50% and minimal landlord responsibilities, limiting ownership obligations solely to the foundation, exterior walls, and roof, providing a highly passive investment with consistent income growth.

AAHA (American Animal Hospital Association) Accredited Hospital: The American Animal Hospital Association (AAHA) sets the benchmark for excellence in companion-animal veterinary care. Earned by only about 15% of veterinary practices in the U.S., AAHA accreditation signifies that a hospital meets or exceeds over 900 rigorous standards covering patient care, safety, and operational performance, assuring clients of the highest level of veterinary service. Accredited practices consistently experience measurable business advantages, including higher revenue, stronger client retention, increased new-patient growth, and reduced client attrition.

Prime Location: The hospital is ideally situated in the heart of Killeen’s primary retail hub, adjacent to Killeen Mall, a 557,000 SF regional shopping destination featuring over 100 stores and surrounded by national anchors including Walmart Supercenter (top 3% nationwide), Lowe’s, The Home Depot, Best Buy, Kohl’s, Hobby Lobby (top 4% nationwide), and well-established dining operators such as Chili’s, Olive Garden, In-N-Out Burger, Chick-fil-A, Whataburger, and Texas Roadhouse. The property benefits from its position along I-14/US-190, one of the city’s busiest corridors, with over 82,000 vehicles per day, providing exceptional visibility and access. The surrounding area is supported by dense residential neighborhoods, schools, parks, and medical facilities, providing a strong built-in customer base and driving consistent, long-term demand and stability.

Built-To-Suit Veterinary Facility: The hospital was built from the ground up in 2020 as state-of-the-art, purpose-built veterinary facility specifically designed to meet the operational needs of today’s leading veterinary groups, ensuring long-term functionality, efficiency, and durability.

No State Personal or Corporate Income Tax: Texas imposes no personal or corporate state income tax, resulting in one of the lowest overall tax burdens for businesses and owner operators nationwide.

High Growth MSA: The Killeen–Temple MSA is a high-growth, defense-driven market anchored by Fort Cavazos, one of the nation’s large stative-duty Army installations, supporting approximately 173,700 jobs and generating $39 billion in annual economic output. Killeen has grown 5.5%since 2020, ranking among the fastest-growing cities in the U.S., with a trade area of over 178,000 residents and 40,000 daytime employees, creating a dense and stable consumer and workforce base. The region continues to experience strong residential, multifamily, and mixed-use development, including new apartment communities, senior housing, and retail and service centers, further strengthening the area’s economic foundation and offering long-term stability and significant growth opportunities.

Healthcare Real Estate | Recession Resistant Property: Veterinary hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.

Tenant Investment in Location: Pet hospitals rarely relocate due to difficulty retaining the same patients in a new location and the high costs associated with moving and build outs.

Robust Industry Growth: The global veterinary services market, valued at $156.5 billion in 2025, is projected to reach $263.1 billion by 2034,growing at a compound annual rate of 5.94%.