King's Court Plaza

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.