Retail Property in High-Traffic
2100 S Georgia St, Amarillo, TX 79109
Freestanding retail building in Amarillo's established retail corridor.
Type:Retail
Property size:
5,895 SFLot size:
0.29 AcresPrice / SF:
$161/SF- Added:
- Mar 4, 2026
- Days on Market:
- 125
- Last Refresh:
- Jul 2 at 5:38 am
Property Features for 2100 S Georgia St
General Information
- Standard status
- Active
- Size
- 5,895 SF
- Lot size
- 0.29 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1972
Listing office Colliers - Dallas, Texas
Listing date Mar 4, 2026
Source Crexi
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 Colliers - Dallas, Texas
HighLights
- Long‑term lease with Rent‑A‑Center through December 31, 2033, providing secure cash flow.
- Strategic location on South Georgia Street with high‑traffic.
- Double Net (NN) lease structure minimizes landlord responsibilities.
- Rent increase of 30% on January 1, 2028, and two (2) five‑year renewal options with 10% rent increases each term.
- Established retail corridor location with excellent visibility and access.
- Rent‑A‑Center has a 25+ year operating history at this location.
Overview
This single-tenant retail property is leased to Rent-A-Center and located at 2100 S Georgia Street, Amarillo, TX 79109. The property includes a 5,895 square foot freestanding building on 0.29 acres. It is situated in the heart of Amarillo’s established south-central retail corridor. The property is strategically positioned along South Georgia Street, a primary north-south artery with over 25,000 vehicles per day, providing excellent visibility and access to surrounding neighborhoods and major retailers. The site is among numerous neighborhood shopping centers with essential national and regional retailers, ensuring a steady customer base and consistent retail traffic. The property is leased to Rent-A-Center Texas, LP, a subsidiary of Upbound Group, Inc. (NASDAQ: UPBD), under a double net (NN) lease structure. The current lease term runs through December 31, 2033, and includes a 30% rent increase on January 1, 2028. There are also two five-year renewal options at 10% rent increases each term. Rent-A-Center has operated at this location for over 25 years, demonstrating long-term commitment to the market and success within this trade area. Amarillo continues to experience steady economic and population growth, supported by a diversified employment base and strong retail fundamentals.
Local Financial Insights For Retail
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 | $88.4k | $15.00 |
| − Vacancy | −$7.1k | −$1.20 |
| EGI | $81.4k | $13.80 |
| − OpEx | −$24.4k | −$4.14 |
| NOI | $56.9k | $9.66 |
5,895 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$813.5K
$711.8K – $949.1K
NOI $56,946 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,132 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Steam King
General Contractor
Rent-A-Center
Electronics & Wireless Store
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.8665533
- Latitude
- 35.1913975
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Freestanding retail building in Amarillo's established retail corridor.
Where is this retail space located?
The property is located at 2100 S Georgia St Amarillo, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Long‑term lease with Rent‑A‑Center through December 31, 2033, providing secure cash flow.; Strategic location on South Georgia Street with high‑traffic.; Double Net (NN) lease structure minimizes landlord responsibilities.
