10300 W Interstate 40, Amarillo, TX
50,790 SF retail building on 6.46 acres for sale.
- Added:
- Apr 17, 2024
- Days on Market:
- 789
- Last Refresh:
- May 19 at 10:52 pm
Property Features for 10300 W Interstate 40
General Information
- Standard status
- Active
- Size
- 50,790 SF
- Lot size
- 16.52 Acres
- Property subtype
- RETAIL
Listing agent Ben Whittenburg License ##532785
Listing office Gaut Whittenburg Emerson CRE (806) 373-3111
Listing date Apr 17, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gaut Whittenburg Emerson CRE
HighLights
- 50,790 sf multi‑use retail building on 6.46 acres suitable for a variety of businesses.
- Ample parking with fenced outside storage area.
- Security features: security lighting and security cameras throughout.
- 100% heated and cooled showroom and office areas.
- Solid construction: concrete tilt wall with brick and steel framing.
- (2) dock doors and (2) grade level doors for deliveries.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $761.9k | $15.00 |
| − Vacancy | −$60.9k | −$1.20 |
| EGI | $700.9k | $13.80 |
| − OpEx | −$210.3k | −$4.14 |
| NOI | $490.6k | $9.66 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Daltile, Marazzi Sales Service Center — 9005 Roach Dr, Amarillo, TX 79124
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.958
- Latitude
- 35.1886
