8720 IH 40 W Frontage Rd Amarillo, TX 79124

This exceptional investment opportunity presents the chance to acquire a well-established Red Robin restaurant in Amarillo, Texas. The property features a new 15-year absolute NNN lease with zero landlord obligations, providing a secure and passive income stream. The lease is corporately guaranteed by Red Robin, mitigating risk. Ten percent rent increases are built into the lease every five years throughout the initial term and four 5-year renewal options. This prime location sits on a hard corner within Amarillo's highest-density retail corridor, benefiting from exceptional visibility and high traffic counts. The site enjoys exposure to 17,524 vehicles per day (VPD) along Soncy Road and 87,388 VPD along West Interstate Highway 40, totaling 104,912 VPD from combined nearby roads. The 6,702 square foot building is strategically situated near Westgate Mall, an 878,000 square foot regional outlet shopping center anchored by major retailers including Dillard's, JCPenney, and Bealls. Strong neighboring tenants include Target, The Home Depot, Sam's Club, Kohl's, PetSmart, Mattress Firm, Party City, T-Mobile, Barnes & Noble, and Best Buy, further enhancing the property's desirability and value. The property is located approximately 8 miles from Downtown Amarillo. This is a rare opportunity to acquire a stable, high-performing asset in a thriving Texas market. The property offers tax-free income due to its location in Texas.