12828 Interstate 27

8,620 SF 100% Leased Flex Building Amarillo, TX 79119 $3,900,000 ($452/SF) 6.12% Cap Rate

Investment Highlights

  • NNN Lease - Minimal landlord responsibilities
  • Lease Term - Tenant recently executed new, 10-year NNN lease with 3, 5-year options and 3% annual escalations
  • New Construction - The property was built in 2019 and and subsequently renovated in 2024 to suit H&E
  • National Credit Tenant
  • Strategic Location - The property has excellent accessibility (access to I-27, Loop 335 E, & Hereford Hwy)

Executive Summary

12828 I-27 in Amarillo, TX presents a compelling single-tenant net lease investment opportunity. Situated on a 3.22-acre lot, the property is occupied by H&E Equipment Services, a reputable, nationally recognized credit tenant. H&E has recently entered into a new, 10-year NNN lease, ensuring stable and predictable income for a qualified investor. This opportunity combines the security of a long-term lease with the reliability of a well-established tenant, making it an attractive addition to any real estate portfolio.

Data Room Click Here to Access

Property Facts

Price $3,900,000
Price Per SF $452
Sale Type Investment NNN
Cap Rate 6.12%
Property Type Flex
Property Subtype Showroom
Building Class B
Lot Size 3.22 AC
Rentable Building Area 8,620 SF
No. Stories 1
Year Built 2019

Amenities

  • Fenced Lot
  • Signage
  • Yard
  • Storage Space

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • H&E Equipment Services
  • Construction
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
H&E Equipment Services Construction 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

  • Listing ID: 33626617

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 12828 Interstate 27, Amarillo, TX 79119