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Harker Heights

Market Price

1405 E Knights Way, Harker Heights, TX 76548

Active
Last Updated: 02/25/2026

15,419 sqft

Building Size

7.07 acres

Lot Area

Details:
Building Size:    15,419 sqft
Lot Area:    7.07 acres
Year Built:    2021
Highlights:
  • Mixed-use entertainment retail facility previously operating as Gambit Social House/ Escapology, featuring a restaurant, bar, escape rooms, and office space.
  • Condition & Quality: The property is considered to be of good construction quality and in excellent condition.
  • Build-Out: Includes high-quality entertainment build-outs such as walk-in coolers,a full kitchen line, bar areas, audio/visual systems, and themed escape rooms.
  • Excess Land: Approximately 1.552 acres (67,600 SF) of the site is identified as excess land, which is rectangular in shape and could potentially be sub-platted and sold separately for development.
  • Parking: 141 open, marked spaces, providing a ratio of approximately 9.14 spaces per 1,000 SF.
  • Market Area: Located within the Killeen-Temple MSA, benefiting from proximity to Fort Hood (now Fort Cavazos), the area's largest employer.
  • Occupancy: The building is currently vacant and ready for an owner-occupant
Description:

TREK Investment Group is pleased to offer for sake Harker Heights Entertainment Retail Facility which presents a unique opportunity to acquire a high-quality, mixed-use entertainment property within the Killeen–Temple MSA. Formerly operating as Gambit Social House and Escapology, the property was designed to accommodate a restaurant, bar, escape rooms, and office space, and features extensive, high-end build-outs including a full commercial kitchen line, walk-in coolers, bar areas, integrated audio/visual systems, and themed escape rooms. Constructed with quality materials and currently in excellent condition, the building is vacant and well-suited for an owner-occupant or value-add investor. Additionally, the property includes approximately 1.552 acres of excess land which may be sub-platted and sold separately for future development, enhancing overall upside potential. Its strategic location near Fort Cavazos (formerly Fort Hood), the region’s largest employer, further supports strong long-term demand and redevelopment flexibility.

POPULATION
The Killeen Temple MSA has an estimated 2025 population of 507,724, which represents a 1.3% increase over 2023 and an average growth of 2.77% over the past five years. A growth level of 2.25% to 2.5% is projected over the next five-years.
EMPLOYMENT
Unemployment Rate in Texas was 4.10% in September of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Texas reached a record high of 12.80 in April of 2020 and a record low of 3.40 in May of 2019.
BUSINESS CYCLE INDEX
The Temple Economic Development Corporation and the Greater Killeen Chamber of Commerce report the region closing out 2025 in a steady expansion and diversification stage. The region’s economic growth is fueled by massive capital infusions into advanced manufacturing, specifically through multi-million dollar projects like SeAH Superalloy Technologies and USAMM. A shifting industrial landscape is further defined by over $1.5 billion in technology investments from Meta and Rowan Digital Infrastructure, alongside a robust logistics network supporting global distributors. Finally, the steady expansion of Baylor Scott & White Health and Texas A&M University–Central Texas provides a stable foundation for the area’s healthcare and professional service sectors.

Map:
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