Killeen, Texas, is an attractive destination for investors seeking Office Properties For Sale. With its close proximity to Fort Hood, a major military post, Killeen has experienced significant growth and economic development over the years. Office Properties in Killeen offer a unique investment opportunity, representing a diverse range of possibilities, from single-story buildings to multi-story complexes. These properties can cater to various businesses, including defense contractors,retail establishments, and service providers that support the military community. Killeen's infrastructure, including Skylark Field and Killeen–Fort Hood Regional Airport, Hill Country Transit District (The HOP), and major highways like Interstate 14/U.S. Highway 190, Business Loop 190, State Highway 195, and Spur 172, makes it an ideal location for businesses. Additionally, the city's amenities, such as Metroplex Hospital, Seton Medical Center Harker Heights, and the Olin E. Teague Veterans' Medical Center, contribute to its appeal. With a population exceeding 127,000, Killeen is a great place for business and travel, with attractions like Vive Les Arts Theatre and the Andy K. Wells Hike and Bike Trail.
Killeen's Office Properties For Sale offer a unique opportunity for investors, with 9 listings available. The average price per square foot is $181 USD, and the average size of these properties is 14,071 square feet, with the largest property spanning 50,400 square feet. The average cap rate is 5.57%. In addition to Office Properties, Killeen also offers Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels. Commercial Real Estate in Killeen provides opportunities for businesses to establish a presence in the city, while Apartment Buildings cater to the growing population. Shopping Centers in Killeen offer a range of retail options, and Hotels provide accommodation for visitors. With its diverse range of properties and amenities, Killeen is an attractive destination for investors and businesses alike.
What is the average price per square foot for office properties in Killeen?
The average price per square foot for office properties in Killeen is $181 USD per square foot, with an average size of 14,071 square feet and a largest size of 50,400 square feet, among the 9 available listings.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Killeen, it's essential to understand the classification system, which categorizes properties based on their quality, age, and amenities, to make an informed investment decision.
- Class A office properties are typically modern, high-rise buildings with top-notch amenities, such as high-speed elevators, advanced security systems, and luxurious finishes, often located in prime areas with easy access to major highways and public transportation.
- Class B office properties are older, yet still well-maintained, with functional amenities, and may require some renovations to meet modern standards, often located in decent areas with moderate access to major highways and public transportation.
- Class C office properties are older, with limited amenities, and may require significant renovations to meet modern standards, often located in less desirable areas with limited access to major highways and public transportation.
