Flex Warehouse with Loading
For Sale
Contact for pricing
100 Westgate Pkwy, Amarillo, TX 79121
Flex-style warehouse offering two front entrances, loading dock, 11 offices, and HVAC.
Property Size14,461 SF
Price / SF$152.13
Days on Market450
Property Features for 100 Westgate Pkwy
General Information
Standard status
Active
Size
14,461 SF
Property subtype
RETAIL
Additional Details
Business Included
No
Office Units
11
Amenities
2 front entrances
ample parking
11 offices
4 bathrooms
loading dock
large storage room
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Meagan Brown · License #800118
Source:
Moodyscre
Added: May 7, 2025
Changed: Jul 28
Last Checked: Jul 29 at 3:42PM
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 Gaut Whittenburg Emerson CRE
Investment Insights
Based on property information with market context.
This flex-style warehouse includes two front entrances, ample parking, 11 offices, and four bathrooms, along with a loading dock and a large storage room. The building is equipped with HVAC to support temperature control, and recent improvements noted in the remarks include a newer hot water heater installed in 2021 and a roof replacement in 2017.
The property is located at 100 Westgate Pkwy, Amarillo, TX 79121. The public remarks state it sits near national retailers and restaurant chains, with traffic counts referenced as supportive of business prominence.
Overall, the layout combines office space with warehouse and storage functions, supported by dedicated loading capabilities and multiple entry points for efficient day-to-day operations.
The property is located at 100 Westgate Pkwy, Amarillo, TX 79121. The public remarks state it sits near national retailers and restaurant chains, with traffic counts referenced as supportive of business prominence.
Overall, the layout combines office space with warehouse and storage functions, supported by dedicated loading capabilities and multiple entry points for efficient day-to-day operations.
Key Highlights
- Flex‑style warehouse with two front entrances and a loading dock
- 11 offices and 4 bathrooms
- Ample on‑site parking
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.8k | $9.60 |
| − Vacancy | −$5.6k | −$0.38 |
| EGI | $133.3k | $9.22 |
| − OpEx | −$20.0k | −$1.38 |
| NOI | $113.3k | $7.83 |
14,461 SF · lease $9.60/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,282 @ 7.0% cap · market cap 5.15%
Second Best
Flex RnD
$1.48M
$1.30M – $1.73M
NOI $103,772 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,008 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
11
Office units
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79121, TX
6,601
Population
2,953
Households
2.2
Avg Household Size
46
Median Age
47%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
3,667
Density / Sq Mi
$66,438
Median Household Income
$37,578
Median Earnings
$976
Median Rent
$254,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Hoffbrau Steak & Grill House — 7203 W Interstate Hwy 40, Amarillo, TX 79106
Frequently Asked Questions
What type of property is this?
Flex space - Flex-style warehouse offering two front entrances, loading dock, 11 offices, and HVAC.
Where is this flex space located?
The property is located at 100 Westgate Pkwy Amarillo, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Flex‑style warehouse with two front entrances and a loading dock; 11 offices and 4 bathrooms; Ample on‑site parking
