Building Details

Building Size 3,318 SF

Spaces For Lease

at 920 W FM 1151 Contact us

920 W FM 1151 $4,000/Mo

Floor

Bldg

Size

3,318 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE, Now

Sublease

No

- NE corner of Washington (FM 1541) & Claude Hwy (FM 1151) - 2.51 acres with well... and septic - Existing 3,318 sf building (former convenience store) - Potential drive-through - Restrictive Covenants: No part of the Property may be used for the sale of car wash services, oil change services, motor vehicle lubrication services, check cashing services, grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, fountain drinks, or teas. - The Restrictive Covenant runs with the Property, is binding on Buyer and Buyer's successors and assigns forever, and insures to the benefit of the Seller and Seller's successors and assigns forever.

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Listing Agency: Coldwell Banker Commercial First Equity, Realtors Show Phone

Listed By: Justin Kite Show Phone

Source: Moodyscre

Added: Jul 12, 2023 Changed: Aug 8 Last Checked: Sep 4 at 5:39AM

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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 Coldwell Banker Commercial First Equity, Realtors

Investment Insights

Based on property information with market context.

This retail storefront property includes an existing 3,318-square-foot building that was previously used as a convenience store. The site is described as having potential for a drive-through concept, subject to applicable approvals.

The property is located on the NE corner of Washington (FM 1541) and Claude Hwy (FM 1151). The parcel totals 2.51 acres and is supported by a well and septic.

A set of restrictive covenants runs with the property and is stated to bind successors and assigns. The covenants prohibit certain uses including car wash and oil change services, motor vehicle lubrication services, check cashing, the sale of grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, and fountain drinks or teas.

Key Highlights

• 2.51‑acre tract at the NE corner of Washington (FM 1541) & Claude Hwy (FM 1151)
• Former convenience store building with 3,318 SF
• Site has well and septic

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Real Estate Agency Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$2.17 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 79118, TX

27,608

Population

11,116

Households

2.5

Avg Household Size

35

Median Age

25%

College-Educated

92%

High-School Grad

159.4 sq mi

ZIP Area

173

Density / Sq Mi

$87,011

Median Household Income

$44,141

Median Earnings

$1,328

Median Rent

$224,000

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Former convenience store on 2.51 acres with potential drive-through, serviced by well and septic.

Where is this storefront property located?

The property is located at 920 W FM 1151 Amarillo, TX.

What is the lease rate?

The lease rate is $4,000/Mo.

What are key features of this property?

This property features: 2.51‑acre tract at the NE corner of Washington (FM 1541) & Claude Hwy (FM 1151); Former convenience store building with 3,318 SF; Site has well and septic