- For Sale Contact for pricing
- Property Type Retail
- Property Size 17,000 SF
- Date Updated Sep 1, 2026
Description
OLDHAM GOODWIN is pleased to present King’s Court Plaza in Killeen, Texas for your consideration. This 17,000 SF multi-tenant business center is situated on West Stan Schlueter Loop, offering excellent visibility and exposure to over 19,000 cars per day. King’s Court Plaza, built in 2005, is leased to a diverse mix of successful local tenants. With modest in place rents between $16.80/SF to $19.80/SF range, the property presents limited downside risk and the opportunity for rent growth. The property is being offered at a significant discount to its replacement cost, at only $164.71/SF, and offers an attractive 8.75% CAP Rate. With staggered lease expirations, NNN lease structure, and an attractive return, King’s Court Plaza is a unique investment opportunity in the Temple/Belton/Killeen MSA.
Highlights
- Convenient and accessible location with great access to Fort Hood Street and Clear Creek Road.
- Diverse and successful local tenant mix, with modest and replaceable in place rental rates.
- Highly visibility property with frontage Stan Schlueter Loop.
- Market Rent renewals give owner the future opportunity to mark to market.
- NNN Lease structure allows for minimal Landlord oversight and management responsibility.
- Offered at a discount to current replacement cost at only $175.00/SF
- Opportunity to increase returns and cash flow through lease up of vacancy.
- Staggered lease expirations, and primarily smaller spaces in the 2,000 SF range.
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Contacts
Oldham Goodwin Group
Oldham Goodwin Group
