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
- Offering Memorandum
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 | - |
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PROPERTY TAXES
Parcel Number | R-044-8590-0500 | Improvements Assessment | $1,102,646 |
Land Assessment | $98,446 | Total Assessment | $1,201,092 |