1222 S Buchanan Street, Amarillo, TX 79101
- Added:
- Jun 15, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 18 at 7:06 am
Property Features for 1222 S Buchanan Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 216734
- Size
- 5,020 SF
Taxes and HOA fees
- Tax Description
- PLEMONS, BLK 0171, S 75FT OF 2
Building Details
- Year built
- 1966
Listing agent Kirk Chudej License #604402 (806) 358-7151
Listing office FIMC Commercial Realty 1619 S Tyler, AMARILLO, TX (806) 358-7151
Listing date Jun 15, 2026
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Single‑tenant net leased investment property at 1222 S. Buchanan Street (Amarillo, TX), built in 1966
- Currently occupied by Mayesh Wholesale Florist, a wholesale floral distributor with 24 locations across 14 states
- Current NOI of $21,600 and an asking price of $215,000 (10.0% cap rate)
- NNN lease structure with 4% annual rent increases for built‑in income growth
- Convenient access near downtown Amarillo with easy access to Interstate 40
Overview
The property comprises approximately 5,020 square feet and is located near downtown Amarillo with convenient access to Interstate 40. It is presented as an NNN investment with current NOI of $21,600 and a stated $215,000 offering price.
For investors seeking a stable, long-term tenant profile, this asset combines an existing operating tenant with contractual rent growth. The lease terms include 4% annual rent increases, supporting built-in income growth over the lease term. The property’s single-tenant configuration can also simplify ongoing ownership and management considerations compared with multi-tenant industrial setups.
Current Use by Public Records
Similar Places Nearby
- SpaceMaker Storage — 900 S Madison St, Amarillo, TX 79101
- CW Storage - Downtown — 513 SW 6th Ave, Amarillo, TX 79118
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.833764
- Latitude
- 35.200048