1222 S Buchanan Street, Amarillo, TX 79101
Occupied by Mayesh Wholesale Florist under a net lease with contractual annual rent increases.
- Added:
- Jun 13, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 20 at 2:23 am
Property Features for 1222 S Buchanan Street
General Information
- Standard status
- Active
- Size
- 5,020 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1966
Listing agent Kirk Chudej License #604402
Listing office FIMC Commercial Realty (806) 358-7151
Listing date Jun 13, 2026
Source Xome
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 FIMC Commercial Realty
HighLights
- Single‑tenant net leased investment property occupied by Mayesh Wholesale Florist (national wholesale floral distributor).
- Current NOI of $21,600; offered at $215,000 with a 10.0% cap rate.
- NNN lease structure intended to minimize landlord responsibilities.
- Lease includes 4% annual rent increases for built‑in income growth over the term.
- Built in 1966.
- Guest facilities: 3.
Overview
The property is located in Amarillo, Texas near downtown, with convenient access to Interstate 40 as noted in the remarks. This combination of central proximity and interstate accessibility supports day-to-day functionality for a wholesale distribution operation.
For investors seeking a dedicated, single-tenant NNN asset, this property provides exposure to Mayesh Wholesale Florist, a wholesale floral distributor operating 24 locations across 14 states as stated. The lease structure and contractual rent growth are key considerations for buyers evaluating long-term cash flow characteristics, with the asking price provided as $215,000 and an indicated 10.0% cap rate in the materials.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.8337705
- Latitude
- 35.2000563