3 Care Cir, Amarillo, TX
Move-in ready corporate office with drive-thru pharmacy component.
- Added:
- Apr 19, 2024
- Days on Market:
- 781
- Last Refresh:
- May 19 at 9:55 pm
Property Features for 3 Care Cir
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.90 Acres
- Property subtype
- OFFICE
Listing agent Ben Whittenburg License ##532785
Listing office Gaut Whittenburg Emerson CRE (806) 373-3111
Listing date Apr 19, 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
- Move‑in ready condition.
- High‑end construction with stone, brick, and wood.
- Ample parking with 33 spaces and lighted parking lot.
- Security system with cameras.
- Large size: Approximately 10,000 square feet.
- Drive‑thru pharmacy component.
Overview
Local Financial Insights For Specialty 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 | $168.0k | $16.80 |
| − Vacancy | −$10.1k | −$1.01 |
| EGI | $157.9k | $15.79 |
| − OpEx | −$39.5k | −$3.95 |
| NOI | $118.4k | $11.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.928
- Latitude
- 35.1896
