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34440727
34440728

180 E Central Texas Expy, Harker Heights, TX 76548 For Sale

WP
CA 01890646
NorthMarq - San Diego
ML
OR 201225340
Northmarq - Portland
EE
OR 201253957
Northmarq
Listed by NorthMarq - San Diego, Northmarq - Portland, Northmarq
$2,989,292
2 days on market
Updated 2 days ago

Jack in the Box

Details
APN 446461
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,773
Cap Rate 6.50%
NOI $194,304
Tenancy Single
Brand/Tenant Jack in the Box
Lease Type Absolute NNN
Lease Expiration 04/09/2040
Remaining Term 13.8
Rent Bumps Yes
Lease Options 3 - 5 Year (minimum 90 days notice)
Class A
Year Built 2020
Acreage 1.030
Parking Spaces 45 spaces
Parking per 1,000 SqFt 16.23
Investment Type Net Lease
Lease Commencement 04/10/2020
Ground Lease No
Ownership Fee Simple

2020 CONSTRUCTION WITH EXPRESSWAY VISIBILITY | 74K VPD | 15% INCREASE EVERY 5 YEARS

Marketing description

The Northmarq National Restaurant Group is pleased to present this single-tenant Jack in the Box located at 180 East Central Texas Expressway in Harker Heights, Texas. The asset offers investors a freestanding, 2020 construction drive-thru restaurant on a 1.03 acre parcel with more than 45 parking spaces, pylon signage, and a 24-hour drive-thru, secured by a long-term absolute NNN lease with roughly 13.8 years remaining on the original term and contractual 15% rent increases every five years, delivering a passive, management free investment with built-in NOI growth.

Located along Central Texas Expressway (US-190) at FM 2410, one of Harker Heights' primary commercial corridors, the property benefits from direct connectivity to Interstate 14, Killeen, and the Fort Hood gates, with 74,480 vehicles passing the site daily. The surrounding trade area includes more than 128,000 residents within five miles and an average household income of $100,198 within one mile, supporting strong retail and restaurant demand. Major employers such as Fort Hood, one of the largest U.S. Army installations in the country with 59,695 direct employees, along with Baylor Scott & White Health, Seton Medical Center Harker Heights, AdventHealth Central Texas, Killeen ISD, and Texas A&M University–Central Texas, contribute to a stable economic base and strong daytime population.

The corridor continues to attract national retail, dining, and hospitality investment, including newly delivered LongHorn Steakhouse and Crunch Fitness locations within three-quarters of a mile, a Walmart Supercenter and Sam's Club anchoring the immediate node, and national hotel flags such as Hilton, Best Western, and Wyndham within a mile. Broader growth is reshaping the market, from Flintrock Builders' 380-acre, 900-home Preserve at Thousand Oaks to new industrial and technology parks advancing across Killeen.

Investment highlights

  • 2020 CONSTRUCTION WITH EXPRESSWAY VISIBILITY | 74K VPD - This Jack in the Box sits along Central Texas Expressway and FM 2410, where over 74,480 vehicles pass by the site each day. Built in 2020, the site is situated on a 1.03 acre lot with over 45 parking spaces, pylon signage for maximum freeway visibility, and a 24-hour drive-thru.
  • 15% INCREASE EVERY 5 YEARS - The lease sets a 15% rent increase every five years within the base term. Each renewal option carries the same floor, the greater of CPI or 15% over the prior term, a rare rent escalation over the standard 10% every 5 years.
  • PROVEN QSR CORNER | NEIGHBORS RANKING AS HIGH AS 96TH PERCENTILE - The Jack in the Box sits in an established QSR cluster that features high-performing neighbors like Taco Bell (96th percentile nationwide), Popeyes (76th percentile), and Whataburger (66th percentile); national chains like Chick-fil-A, McDonald's, and Starbucks; and new-construction sites like Black Rock Coffee (2026) and Dutch Bros Coffee (2022), all within the immediate corridor.
  • NATIONAL BRANDS IN CORRIDOR - National retail drives the corridor, anchored by a Walmart Supercenter (80th percentile nationwide), and also featuring national brands like Sam's Club, Target, H-E-B, Barnes & Noble, Dick's Sporting Goods, and Planet Fitness rounding out the daily traffic brands in the immediate area.
  • TWO HIGHER EDUCATION ANCHORS SERVING THE REGION - The region is served by two higher education anchors. Texas A&M University–Central Texas, a member of the Texas A&M System in Killeen, enrolls roughly 2,400 students and employs about 230 faculty and staff. In nearby Temple, Temple College enrolls about 5,300 credit students, over 8,000 counting workforce and adult-education programs, with roughly 350 faculty and staff.
  • THE ARMY'S HEAVY COMBAT HUB | 10 MILES OUT - Harker Heights sits 10 miles from one of the largest military economies in the country. Fort Hood spans 214,968 acres with 59,695 direct employees and is the Army's hub for U.S. heavy combat forces.
  • 12,000-EMPLOYEE HEALTH SYSTEM - Baylor Scott & White Health employs roughly 12,000 people across the region and ranks as the metro's top employer behind Fort Hood. Killeen ISD, a regional Walmart distribution center, and H-E-B round out a diversified civilian employer base that carries the market well beyond the military.
  • NATIONAL OPERATORS PULLING PERMITS ON THE CORRIDOR - New construction is actively reshaping Central Texas Expressway. LongHorn Steakhouse opened in 2026 as a ground-up build three-quarters of a mile west, a new Black Rock Coffee drive-thru opened in the immediate corridor in June 2026, and a 24-hour QuikTrip is under construction a mile west.
  • ECONOMY BROADENING BEYOND FORT HOOD - Killeen is diversifying beyond Fort Hood. Flintrock Builders' 380-acre Preserve at Thousand Oaks brings more than 900 homes three miles southwest of the site, BlueAcre Development is delivering roughly 180,000 square feet of industrial flex space in 2026, and the planned 94-acre Wolf Technology Park advances on Highway 195 signaling the MSA behind the trade area is widening across jobs, housing, and investment.
  • LOCAL AND REGIONAL RECREATION - Carl Levin Park sits a quarter mile from the site, a highly rated community park and trail network, while Cinemark anchors the Market Heights retail node a half mile north. AREA 254 draws families to bowling, laser tag, and arcade entertainment, and Stillhouse Hollow Lake anchors regional recreation with boating, fishing, and hiking through Dana Peak Park.

Listing Contacts

WP
CA 01890646
NorthMarq - San Diego
ML
OR 201225340
Northmarq - Portland
EE
OR 201253957
Northmarq
Listed by NorthMarq - San Diego, Northmarq - Portland, Northmarq

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Loan Amount
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Annual Cash Flow
$194,304.00
$16,192.00/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Toby Scrivner
License
TX Lic. #452773-B
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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