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0 Baths
5,555 sqft

$599,900

815 N 8th Street, Killeen TX, 76541

Price per sqft$107.99
Built in2004
Property size5,555 sqft
Property typeCommercial

Overview

Active

Listed Oct 1, 2026

Updated 6 days ago

Turnkey Multi-Tenant Investment Opportunity | Value-Add Upside This fully leased B-5 Commercial Plaza presents an exceptional opportunity for investors seeking immediate cash flow with future rent growth potential. The property consists of 5,555 SF of retail/commercial space divided into five suites, currently 100% occupied by three established tenants, generating $4,300 per month ($51,600 annually) in current rental income. Built in 2004, the plaza sits on a highly visible corner lot encompassing approximately 0.43 acres and offers abundant on-site parking, excellent access, and strong exposure to surrounding commercial and residential traffic. The flexible multi-suite layout accommodates a variety of retail, office, service, and community-focused businesses, while five separate HVAC units provide efficient operation and tenant flexibility. This stabilized asset offers investors the advantage of day-one cash flow with a compelling value-add opportunity. Current rents provide solid income today, while the property's pro forma potential of approximately $6,000 per month ($72,000 annually) highlights a clear path to increased revenue through lease renewals, rent adjustments, and optimized tenant mix. The upside represents a potential increase of over 39% in gross monthly income, making this an attractive opportunity for investors seeking both stability and growth.

Courtesy of Real Broker, Oraya Fernandez

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brand X Land & Ranch shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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