802 North Gray Street
Prime Location - Value Add Opportunity
Marketing description
Premier investment opportunity in the heart of booming downtown Killeen, Texas. Located along the Central Texas Growth Corridor, Killeen in positioned to capitalize on the
strong population growth Texas is experiencing.
Priced significantly below market value, the property offers three separate tenant spaces with one currently leased. Ideal scenario for an investor or owner user with the extra perk of mailbox money.
Downtown Killeen is going through a Revitalization movement with 35+ new business moving to the area.The property offers over 250 feet of high visibility frontage on two major downtown streets to take full advantage of this uptake in demand.
Current local area developments include: Killeen Business Park Expansion, Wolf Technology Park, Dongjin Semichem Facility, Bell County Annex Development, Local Retail & Residential Development.
CapEx: New Roof 2022, Parking Lot Updates, Electrical Updates, Interior and Exterior Paint, Space Build-Outs.
Investment highlights
- 3 Suite Standalone Building on a Hard Corner in the heart of downtown Killeen, Texas.
- Over 250 feet of high visibility frontage on two major downtown streets
- Multi Tenant Free Standing Retail/Flex Center
- Property Use - Retail, Flex, Restaurant, Event Center, Office, etc...
- New Roof in 2022
- Drive-thru Buildout
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