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Auto Shop with Business Option
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3401 S Western St, Amarillo, TX 79109

Automotive service property with an alternative structure for acquiring the operating franchise business and leasing the real estate improvements.

Property SizeContact for details
Days on Market140

Property Features for 3401 S Western St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Texas Commercial Property Brokers
Listed By: Lampros Vrinios · License #TX 223845
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:09PM

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 Texas Commercial Property Brokers

Investment Insights

Based on property information with market context.

This automotive property is associated with an operating Meineke franchise business. The seller owns and operates two Meineke shops and will consider separating the business sale from the real estate transaction.

An alternative structure may allow a buyer to acquire the franchise businesses while leasing the improvements, land, and FF&E. Property access is available by scheduled, accompanied appointment after business hours or on Sunday.

Key Highlights

  • Seller operates two Meineke shops
  • Option to acquire the Meineke franchise businesses separately
  • Potential lease structure for improvements, land, and FF&E

Property Analytics

Current Use

Meineke Car Care ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Florist Food Market

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

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79109, TX

42,509
Population
20,308
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
4,127
Density / Sq Mi
$68,579
Median Household Income
$41,410
Median Earnings
$945
Median Rent
$217,600
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
Rey
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Similar Off Market Nearby

  • Gabriels garage 2825 Mays Ave, Amarillo, TX 79109
  • Brothers Auto & Glass 3311 S Western St, Amarillo, TX 79109
  • WTF Automotive 4214 Richard Ave, Amarillo, TX 79106
  • Meineke Car Care Center 3401 S Western St, Amarillo, TX 79109
  • Peerless Tires 3339 S Western St, Amarillo, TX 79109

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive service property with an alternative structure for acquiring the operating franchise business and leasing the real estate improvements.
Where is this auto shop located?
The property is located at 3401 S Western St Amarillo, TX.
What are key features of this property?
This property features: Seller operates two Meineke shops; Option to acquire the Meineke franchise businesses separately; Potential lease structure for improvements, land, and FF&E
More about this property
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