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    2810 S Soncy Rd Amarillo, TX 79124

    For Sale
    $3,359,610

    NNN leased Applebee's with annual rent increases in Amarillo, TX.

    Property size:
    5,370 SF
    Lot size:
    1.17 Acres

    Property Features for 2810 S Soncy Rd

    General Information

    Size
    5,370 SF
    Lot size
    1.17 Acres

    Source: Sands Investment Group (SIG) | Austin Agent Jordan Mulloy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Amarillo Applebee's NNN Investment Opportunity

    This 5,370 square foot property in Amarillo, TX, is leased to Applebee's under a triple net (NNN) lease with over 7 years remaining and zero landlord responsibilities. The lease includes annual rent increases. The location is guaranteed by RMH Franchise Holdings, which operates over 130 restaurants across 14 states. Situated as an outparcel to a Kohl’s-anchored retail strip center that includes PetSmart, Old Navy, Ulta Beauty, and OfficeMax, the property benefits from its proximity to Highway 40, which sees over 81,000 vehicles per day. It is adjacent to Sam’s Club and near Target, contributing to high daily traffic. The property is also located 1-mile from Westgate Mall, a large indoor shopping mall with 100 stores. Nearby national retailers include McDonald’s, Kohl’s, Sam’s Club, Target, PetSmart, Ulta Beauty, Old Navy, Ross, Smoothie King, Starbucks, Fazoli’s, Home Depot, Dairy Queen, and McAlister’s Deli.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pro-Cuts Beauty Salon Applebee's Grill + Bar Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hey Bartender

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9387518
    Latitude
    35.1817786

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    FAQs

    What type of property is this?
    Restaurant - NNN leased Applebee's with annual rent increases in Amarillo, TX.
    Where is this restaurant located?
    The property is located at 2810 S Soncy Rd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $3,359,610.
    What are key features of this property?
    This property features: - Triple Net (NNN) Lease with 7+ Years Remaining. Zero Landlord Responsibilities.; - Annual Rent Increases Providing a Hedge Against Inflation.; - Strong Guarantee From RMH Franchise Holdings (Over 130 Restaurants).
    (844) 474-4666
    Request Owner's contact information
    2810 S Soncy Rd Amarillo, TX 79124
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    Amarillo, TX 79124
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2810 S Soncy Rd Amarillo, TX 79124
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