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Market Street 8761 S Coutler St

78,408 SF Retail Building Amarillo, TX 79119 $25,500,000 ($325/SF) 5.40% Cap Rate

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Investment Highlights

Exceedingly rare opportunity to acquire a newly constructed single-tenant grocer
5% rental increases every five years throughout the primary and option periods
The United Family of Stores is known for its outstanding fresh offering and overall value to their guests

New 20-year absolute NNN lease with corporate guaranty by Albertsons Companies, Inc., the country’s 2nd largest grocery chain with over 2,200 stores a
Lease also includes eight (8) option periods of five (5) years each, providing a stable and long-term passive income generator
On-site fuel center features a freestanding convenience store and canopied fueling station with 8 MPD’s

Executive Summary

This Market Street is strategically located in the growing community of Amarillo, surrounded by densely populated master-planned residential communities and wellattended schools » Located near the confluence of State Highway Loop 335 and Interstate 27, the property benefits from its proximity to densely populated residential communities such as The Colonies (a master-planned community with approximately 700 homes). 216,819 residents live within 10 miles of the property, establishing a strong and reliable customer base » Greatly benefits from a strong income trade area with average household incomes over $120,000 in a 1-mile radius from the site. The site maintains beneficial proximity to major organizations contributing to the city and metropolitan area’s economic growth such as Texas Tech University School of Veterinary Medicine and BSA Hospital. Amarillo is considered the regional economic center for the Texas Panhandle, providing a strong market in an income-tax-free state with many opportunities in diverse industries