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404 E Veterans Memorial Blvd 4,058 SF 100% Leased Retail Building Killeen, TX 76541 $1,249,348 CAD ($307.87 CAD/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic with a lighted corner, 9.5 CAP!
- Recent price REDUCTION from $1.2 million NOW $895,000
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$154,110
|
$37.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$154,110
|
$37.98
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $154,110 |
| Annual Per SF | $37.98 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $154,110 |
| Annual Per SF | $37.98 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,058 SF
Building Class
B
Year Built
1998
Price
$1,249,348 CAD
Price Per SF
$307.87 CAD
Cap Rate
9.50%
NOI
$118,688 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.98 AC
Zoning
B5 - Zoned for commercial use
Parking
44 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
153’ on E Veterans Memorial Blvd
AMENITIES
- Banking
- Pylon Sign
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $804,782 CAD (2025) | |
| Land Assessment | $317,140 CAD (2025) | Total Assessment | $1,121,921 CAD (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$317,140 CAD (2025)
Improvements Assessment
$804,782 CAD (2025)
Total Assessment
$1,121,921 CAD (2025)
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Presented by
Colt Real Estate Group
404 E Veterans Memorial Blvd
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