Aldi Killeen, TX

2500 E Central Texas Expy
Killeen, TX

Price: $3625000
Cap Rate: 5.72%
NOI: $207,634
Building Size: Approx. 20275 Sq. Ft.
Lot Size: Approx. 1.88 Acres
Type: Single-Tenant / Retail
Sub Category: Jr. Anchor
Year Built / Renovated: 1997 / 2015

Investment Overview

  • 20,257+/- SF Building on 1.88+/- Acre Site | Renovated in 2015
  • New 10-Year Net Lease w/ Rent Bumps Every 5-Years in Term & Options
  • Located along E Central Texas Expy (83,000 VPD), just E of S WS Young Dr (11,000 VPD)
  • Across Killen Mall (556,446 SF) | Near Walmart SC, Target, Lowe’s, Kohl’s, HEB, & OfficeMax
  • Home to Fort Hood & is the largest single-site employer in Texas, directly inserting nearly $3 Billion Annually
  • Major Employers: Killeen ISD (6,000 Empl), Central Texas College (1,360 Empl.), MetroPlex Hospital (1,300 Empl)
  • 3-Mile Radius: 2015 Estimated Population: 97,571 l  3-Mile Average Household Income:  $52,741
  • Killeen is located 1-Hour N of Austin & is ranked as “The Best Small Cities for jobs” – Forbes Magazine
  • Killeen – Temple – Fort Hood (MSA) | 9th best performing MSA in Texas – Milken Institute

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