3 Care Cir, Amarillo, TX
Move-in ready corporate office with drive-thru pharmacy component.
- Added:
- Apr 19, 2024
- Days on Market:
- 782
- Last Refresh:
- May 19 at 9:55 pm
Property Features for 3 Care Cir
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.90 Acres
- Property subtype
- OFFICE
Listing agent Ben Whittenburg License ##532785
Listing office Gaut Whittenburg Emerson CRE (806) 373-3111
Listing date Apr 19, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Gaut Whittenburg Emerson CRE
HighLights
- Move‑in ready condition.
- High‑end construction with stone, brick, and wood.
- Ample parking with 33 spaces and lighted parking lot.
- Security system with cameras.
- Large size: Approximately 10,000 square feet.
- Drive‑thru pharmacy component.
Overview
Local Financial Insights For Specialty 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 | $168.0k | $16.80 |
| − Vacancy | −$10.1k | −$1.01 |
| EGI | $157.9k | $15.79 |
| − OpEx | −$39.5k | −$3.95 |
| NOI | $118.4k | $11.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.928
- Latitude
- 35.1896
