2700 E CENTRAL TEXAS EXPWY Killeen TX 76542-5331

SAB Capital is pleased to present Applebee’s in Killeen, TX. It is an Absolute Triple Net Lease (NNN) with just over 10+ years remaining on the term that is guaranteed by a 50+ unit operator. The lease features a 10% rent increase in 2023 that provides a hedge against inflation, while the store boasts a strong rent to sales ratio. The property is strategically located on East Central Texas Expressway with exposure from Highway 190, which sees 100,000+ vehicles per day. The Killeen market features strong demographics trends, with population growing by over 16% within 5 miles of the subject since the 2010 census. Killeen is approximately 50 miles north of Austin and is adjacent to Fort Hood, the world’s most populous military installation in the world.

Applebee's in Killeen, TX | Near Fort Hood | The Most Populous U.S. Military Installation in the World
Triple Net Lease (NNN) With 10+ Years Remaining | Zero Landlord Responsibilities
Hedge Against Inflation | 10% Rent Increase in 2023
Ideally Located on East Central Texas Expressway With Strong Visibility from Highway 190 | More Than 109,408 Vehicles Per Day (VPD) on Highway 190
Strong Retail Corridor | More Than 1 Million SF of Retail Development Within a Mile | Subject is Adjacent to Aldi Anchored Shopping Center
Strong Local Demographic | Over 16% Resident Increase Since 2010 Within a 5-Mile Radius
Strong Store Sales | Among the top annual revenue for all Texas Applebee’s
Additional Retail in the Area Include: ALDI, Lowe's, The Home Depot, In-N-Out, JCPenney, Best Buy and Many More