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18500 W Interstate 40

9,000 SF 100% Leased 4-Star Retail Building Amarillo, TX 79124 $1,900,000 ($211/SF) 8% Cap Rate

Mixed Use Properties Texas Amarillo 18500 W Interstate 40, Amarillo, TX 79124

Investment Highlights

  • I40 Visibility
  • Contemporary design
  • Ample Parking

Executive Summary

Prime investment opportunity in Bushland TX, which is 5 miles outside of the city limits of Amarillo, TX.
Discover a prime investment opportunity with our meticulously designed 9,000 sqft retail strip center on I40. Located in a high- traffic area with excellent visibility, this property offers a versatile and modern retail space ideal for businesses of all types.
Current occupancy rate is 65%, owner is willing to guarantee rent on the two vacant units for two years upon reasonable offer.

Attachments

Bushland Sale Brochure

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$1,900,000
Price Per SF
$211
Cap Rate
8%
NOI
$152,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.00 AC
Zoning
Retail - Retail
Frontage
227 FT on Interstate 20
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PROPERTY TAXES

Parcel Number R-065-1350-8320 Improvements Assessment $0
Land Assessment $53,480 Total Assessment $53,480

PROPERTY TAXES

Parcel Number
R-065-1350-8320
Land Assessment
$53,480
Improvements Assessment
$0
Total Assessment
$53,480
(806) 584-6367

Contact

  • Listing ID: 29359516

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 18500 W Interstate 40, Amarillo, TX 79124

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18500 W Interstate 40
(806) 584-6367 x

18500 W Interstate 40

Rick Thomason

(806) 584-6367

(806) 584-6367

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