Scott & White – Killeen, TX

4501 Clear Creek Rd.
Killeen, TX
Sold: $6,925,000
Closing Date: 1/20/2017
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Lot Size: 2.48 Acres
Property Type: Commercial
Property Status: Sold
Description:

LOCATION:

The subject property is located at 4501 Clear Creek Road in Killeen, Texas

LOT SIZE:

Approximately 2.48 acres.

IMPROVEMENTS:

The improvements consist of a 14,973 square foot primary care clinic built in 2014 with parking for 110 cars (7.85:1 parking ratio).

LEASE:

Leased to Scott & White Health Care, a division of Baylor Scott & White Health for 15 years commencing in May, 2014. The tenant is responsible for taxes, insurance and maintenance. The landlord is responsible for the roof (20 year roof warranty) and structure of the building. The rent increases 2% annually during the primary term of the lease as well as the options periods.