Net-Leased Wholesale Florist
For Sale
Under Contract
$215,000
1222 S Buchanan Street, Amarillo, TX 79101
COMMERCIAL - Amarillo, TX
Property Size5,020 SF
Price / SF$42.83
Days on Market49
Property Features for 1222 S Buchanan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
0100 - NW Amarillo in City Limits
Directions
Head north on Buchanan from 15th property is on the corner of Buchanan and SE 13th.
Subdivision
0100 - Plemons
Standard status
Active Under Contract
APN
216734
Size
5,020 SF
Taxes and HOA fees
Tax Description
PLEMONS, BLK 0171, S 75FT OF 2
Legal Description
PLEMONS, BLK 0171, S 75FT OF 2
Building Details
Year built
1966
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Kirk Chudej · License #604402
(806) 358-7151
Added: Jun 18
Changed: Aug 4
Last Checked: Aug 5 at 3:06AM
MLS# 26-4845
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.
Investment Insights
Based on property information with market context.
1222 S. Buchanan Street is a single-tenant net leased industrial property offered for sale in Amarillo. The building is occupied by Mayesh Wholesale Florist, a national wholesale floral distributor, and is structured under an NNN lease intended to limit landlord responsibilities.
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.
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.
Key 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)
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,852
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79101, TX
2,307
Population
1,309
Households
1.8
Avg Household Size
51
Median Age
15%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
1,442
Density / Sq Mi
$40,313
Median Household Income
$36,409
Median Earnings
$898
Median Rent
$152,300
Median Home Value
Market
Properties on Market for Warehouses in Amarillo
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- SpaceMaker Storage — 900 S Madison St, Amarillo, TX 79101
- CW Storage - Downtown — 513 SW 6th Ave, Amarillo, TX 79118
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant NNN industrial property leased to a regional wholesale florist distributor with contractual annual rent increases.
Where is this warehouse located?
The property is located at 1222 S Buchanan Street Amarillo, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 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)
