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10020 S Georgia St
Amarillo, TX 79118
SRS Distribution · Industrial Property For Sale
PROPERTY FACTS
Property Type | Industrial | No. Stories | 1 |
Property Subtype | Warehouse | Year Built | 2008 |
Building Class | B | Tenancy | Single |
Lot Size | 3.47 AC | Parking Ratio | 1.82/1,000 SF |
Rentable Building Area | 17,004 SF | No. Drive In / Grade-Level Doors | 8 |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 3.47 AC |
Rentable Building Area | 17,004 SF |
No. Stories | 1 |
Year Built | 2008 |
Tenancy | Single |
Parking Ratio | 1.82/1,000 SF |
No. Drive In / Grade-Level Doors | 8 |
About 10020 S Georgia St , Amarillo, TX 79118
- Building Features + Synergy – The subject property offers 17,004 SF on 3.47 acres (11% Coverage Ratio). The site’s set up features excellent synergy for - SRS Distribution offering a large lot for outside storage and maneuverability. The 8 ground level doors allow SRS to back their flatbed trucks into the warehouse and enable loading and unloading from multiple sides. - Leased to a Rapidly Growing Company – SRS Distribution is the largest privately-held roofing distributor in the U.S. Ever since Leonard Green Partners acquired a majority share ownership from Berkshire Partners for $3 Billion in 2018; SRS has grown exponentially from 200 locations to 270 locations to date. - Passive increase in return – SRS Distribution is in their second option featuring a 7.90% cap rate with a 3% rental increase year over year and an average cap rate of 8.30%. - Strong Economical Foundation – Amarillo is the 14th-most populous city in the state of Texas, United States. It is also the largest city in the Texas Panhandle, and the seat of Potter County. A portion of the city extends into Randall County. The estimated population was 199,826 as of 2017.
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PROPERTY TAXES
Parcel Number | R-073-2600-1300-0 | Improvements Assessment | $1,675,230 |
Land Assessment | $113,365 | Total Assessment | $1,788,595 |
PROPERTY TAXES
zoning
Zoning Code | LI |
LI |
Listing ID: 16979903
Date on Market: 8/20/2019
Last Updated:
Address: 10020 S Georgia St, Amarillo, TX 79118
The Industrial Property at 10020 S Georgia St, Amarillo, TX 79118 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.