Listing Agency: Gaut Whittenburg Emerson CRE j*@gwamarillo.com Show Phone

Listed By: J. Gaut, CCIM, SIOR · License #TX #326941 Show Phone

Source: Gwamarillo

Added: Jun 2 Changed: Jul 20 Last Checked: Jul 31 at 5:39AM

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Investment Insights

Based on property information with market context.

This industrial warehouse property is available for lease in downtown Amarillo, situated at the northwest corner of Pierce and SE 2nd. The offering is listed at 112 Pierce S, Amarillo, TX 79101.

The property’s corner location at Pierce and SE 2nd provides straightforward access from two streets, making it a practical option for industrial users looking to operate from a centrally positioned site in the downtown area.

Key Highlights

• Industrial property for sale or lease in downtown Amarillo
• Located at the NW corner of Pierce and SE 2nd

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Nail Salon Skin Care Clinic Catering Service Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$90,000.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,068

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 79101, TX

2,307

Population

1,309

Households

1.8

Avg Household Size

51

Median Age

15%

College-Educated

81%

High-School Grad

1.6 sq mi

ZIP Area

1,442

Density / Sq Mi

$40,313

Median Household Income

$36,409

Median Earnings

$898

Median Rent

$152,300

Median Home Value

Market

Lease Benchmarks for Amarillo, TX

$9.44 /SF/Yr

Avg Asking Price

$2.03–$14.15 /SF/Yr

Price Range

9,608 SF

Avg Space Size

This space is priced 6358527% above the average of $9.44 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial warehouse space for lease at a prominent downtown Amarillo corner location.

Where is this warehouse located?

The property is located at 112 Pierce S Amarillo, TX.

What is the lease rate?

The lease rate is $600,000.

What are key features of this property?

This property features: Industrial property for sale or lease in downtown Amarillo; Located at the NW corner of Pierce and SE 2nd