NNN Retail Suite with Pole
For Sale
Contact for pricing
6801 Bell St, Amarillo, TX 79109
Suite 400 offers a large open retail area, two restrooms, and concrete floors within an NNN shopping center.
Property Size20,844 SF
Price / SF$172.18
Days on Market785
Property Features for 6801 Bell St
General Information
Standard status
Active
Size
20,844 SF
Property subtype
RETAIL
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Cathy Derr, CCIM · License #0412282
(806) 679-8436
Source:
Moodyscre
Added: Sep 2, 2024
Changed: Oct 26
Last Checked: Oct 24 at 9:15PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Copper Ridge Shopping Center presents NNN leased retail space in Southwest Amarillo, professionally managed with common areas maintained. Suite 400 is currently available and features concrete floors with a layout that includes a large open retail area, a private office/storage area, two restrooms, and pole signage.
The center benefits from strong street exposure on Bell Street, with 18,926 cars per day reported. It is across from Stonegate Apartments and positioned between two high school campuses. The center currently includes tenants such as Optimal Physical Therapy, Serenity Nails, Green Gorilla, State Farm Insurance, The Sugaring Bar & Boutique, and Pizza Planet.
Suite 400 totals 3,000 square feet and includes two water fountains in addition to the restrooms and office/storage area, supporting a variety of retail configurations.
The center benefits from strong street exposure on Bell Street, with 18,926 cars per day reported. It is across from Stonegate Apartments and positioned between two high school campuses. The center currently includes tenants such as Optimal Physical Therapy, Serenity Nails, Green Gorilla, State Farm Insurance, The Sugaring Bar & Boutique, and Pizza Planet.
Suite 400 totals 3,000 square feet and includes two water fountains in addition to the restrooms and office/storage area, supporting a variety of retail configurations.
Key Highlights
- Suite 400 available in Copper Ridge Shopping Center: 3,000 SF with concrete floors.
- Suite layout features a large open retail area, private office/storage area, two restrooms, and pole signage.
- Shopping center is anchored by tenants including Pizza Planet, State Farm Insurance, Serenity Nails, and Optimal Physical Therapy.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$201,353
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,027,060
$4.0M
Cap Rate 7%
$2,876,471
$2.9M
Cap Rate 9%
$2,237,256
$2.2M
Market Conditions
NOI Build-Up for 20,844 SF
Gross rent
$312.7K $15.00/SF
− Vacancy
−$25.0K −$1.20/SF
EGI
$287.6K $13.80/SF
− OpEx
−$86.3K −$4.14/SF
NOI
$201.4K $9.66/SF
Area
Amarillo, TX
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,027,060
Cap Rate 7%
$2,876,471
Cap Rate 9%
$2,237,256
Alternative Uses
Best Use
Retail
$2.88M
$2.52M – $3.36M
NOI $201,353 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.65M
$4.07M – $5.43M
NOI $325,767 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Suite 400 offers a large open retail area, two restrooms, and concrete floors within an NNN shopping center.
Where is this shopping center located?
The property is located at 6801 Bell St Amarillo, TX.
What is the asking price?
The asking price for this property is $3,589,000.
What are key features of this property?
This property features: Suite 400 available in Copper Ridge Shopping Center: 3,000 SF with concrete floors.; Suite layout features a large open retail area, private office/storage area, two restrooms, and pole signage.; Shopping center is anchored by tenants including Pizza Planet, State Farm Insurance, Serenity Nails, and Optimal Physical Therapy.
