Office Max

Address

1800 Lowes Blvd
Killeen, TX 76542

Executive Summary

Office Max (the "Property") is a freestanding, single-tenant retail asset prominently located at 1800 Lowes Boulevard in Killeen, Texas. Situated within a thriving retail corridor just off Interstate 14, the Property benefits from excellent visibility and accessibility, drawing from a strong regional consumer base and steady vehicle traffic of over 82,000 VPD.

The Property comprises approximately 23,500 square feet and was constructed in 1998. It is 100% leased to OfficeMax under a NNN lease structure, with minimal landlord responsibilities. The tenant has approximately 4.92 years remaining on the current lease term, with two additional five-year renewal options at increasing rental rates, offering long-term income stability and potential for growth.

Surrounded by national retailers such as Walmart, Lowe’s, Kohl’s, and HEB Plus, the Property is strategically positioned in a highly active trade area. The offering provides investors with an opportunity to acquire a stabilized, income-producing asset in a dynamic and growing Central Texas market.

Investment Highlights

Credit Tenant & Long-Term Lease: OfficeMax, a well-established national brand, occupies the property under a NNN lease with 4.92 years remaining and two 5-year renewal options - offering reliable income and built-in rent escalations.

Thriving Retail Corridor Location: Located in the heart of Killeen’s busiest retail hub, the Property is surrounded by top-tier retailers including Walmart, HEB Plus, Lowe’s, Kohl’s, and Academy - driving steady foot traffic and tenant demand.

Excellent Visibility & Access: The site enjoys exposure to over 82,000 vehicles per day via Interstate 14, providing superior accessibility and brand visibility.

Attractive Demographics: A dense and growing population of nearly 192,000 residents within five miles, with average household income over $68,000, supports strong retail spending.

Passive, Low-Touch Ownership: Triple-net (NNN) lease structure ensures minimal landlord responsibilities, making it a truly hands-off investment.