Temple Medical and Retail

Temple Medical and Retail Development
4901 S 31st St Suite 110
Temple, TX 76502

Temple Medical and Retail

LOCATION

Temple Medical and Retail Development
4901 S 31st St Suite 110
Temple, TX 76502

SUMMARY

Property Purchase Date:

January 26, 2024

Project Type:

Retail and Medical Office Development

Fund:

BIG LEGACY FUND I

Year:

2024

Total Capitalization

$5,400,000

BIG Equity:

$1,761,500

Total Equity:

$1,761,500

Lease Term:

10 Years; NN

Tenants:

Killeen County Health; Premier Urgent Care; Starbucks

INVESTMENT STRATEGY

BIG Legacy Fund was presented the opportunity to invest in a medical office development project in Temple, Texas (Austin-Waco MSA) with the same tenants as the Belton development project. BIG made the investment decision after witnessing the success of the Belton project from start to exit.



The 7,190 SF Freedom Urgent Care and Killeen County Health building is situated on 1.6 acres (just under half of the parcel) with over 2 acres remaining for additional development. We are in advanced discussions with Starbucks for a BTS on the corner and preliminary discussions with The Learning Experience for a sale of the remaining parcel in the rear.

PROJECT OVERVIEW

The Freedom Urgent Care and Killeen County Health building spans approximately 7,190 square feet and sits on a well-positioned 1.6-acre portion of a larger parcel totaling over 3.6 acres. This modern medical facility provides critical healthcare services to the surrounding community and benefits from high visibility and accessibility in a growing regional corridor. With over 2 acres of undeveloped land remaining on-site, there is substantial opportunity for future expansion or complementary development, whether for additional medical office space, retail, or community-focused services. This flexibility offers both strategic and financial upside as the area continues to grow and demand for essential services increases. The site’s layout, existing infrastructure, and zoning support a variety of potential uses, making it a strong long-term investment opportunity.

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