804 N Gray Street

Description

Located in the heart of downtown Killeen, this mixed-use corner lot presents an exceptional investment opportunity. With major redevelopment projects happening across the city, including a $68 million facelift on Rancier Avenue and a new event center across the street, this property is positioned perfectly for business growth. Recent improvements include a resurfaced parking lot, fresh paint, a new roof, and interior build-outs. The property offers a total of 9,676 sq. ft. of leasable space, zoned for mixed-use and suitable for various business types. Unit 806 (3,460 sq. ft.) is currently leased until 2027, while Unit 802 (3,460 sq. ft.), a former nightclub, is vacant and requires renovation. Unit 804 (2,756 sq. ft.) is move-in ready for lease. Lease rates are advertised at $0.83 per sq. ft., with flexible lease options available. This high-visibility corner lot is ideally located in a revitalized downtown district with significant city investment driving long-term growth and increased property value. It is perfect for retail, office, entertainment, or restaurant businesses. Don't miss out on this opportunity to establish your business in one of Killeen's fastest-growing areas. Contact us today for a showing or to discuss lease terms!