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Retail Center Under Construction
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7200 McCormick, Amarillo, TX 79118

New retail center at I-27 & McCormick Rd, Amarillo.

Space Size4,500 SF
Property Size110,520 SF
Days on Market1361

Property Features for 7200 McCormick

General Information

Standard status Active
Size 4,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 110,520 SF
Tenancy Multiple

Spaces For Lease

at 7200 McCormick Contact us

Anchor Retail

Size
4,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Retail Spaces - 2,400 sf - 7,200 sf

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Stand Alone Pad Site - up to 2 acres possible

Type
Retail
Availability
Active
Contact us
Listing Agency: Gaut Whittenburg Emerson CRE
Listed By: Bo Wulfman · License #TX 0375664
Source: Crexi
Added: Dec 1, 2022 Changed: Aug 8 Last Checked: Aug 21 at 8:33PM

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.

Located at the northeast corner of I-27 and McCormick Road, this property is situated in an area experiencing significant commercial development growth south of Amarillo. A state-of-the-art retail center is currently under construction, featuring a modern retail strip center and a single pad site available for build-to-suit or ground lease opportunities. Adjacent to The Station Convenience Store, the center benefits from high visibility from both I-27 and McCormick Road. Convenient interstate on and off ramps facilitate access to and from the property. This new center is designed for retailers, service providers, or any business seeking maximum exposure, offering a dynamic commercial environment. This location presents an opportunity to be part of a burgeoning retail hub and capitalize on the area's growth and development. The property is positioned to provide accessibility and high visibility for businesses looking to capitalize on the expanding commercial landscape.

Key Highlights

  • Prime location at the Northeast corner of I‑27 & McCormick Rd.
  • High visibility from both I‑27 and McCormick Road.
  • Excellent accessibility with conveniently located interstate on and off ramps.

Property Analytics

Current Use

The Station Food and Fuel Restaurant Brunkhardt Services Hardware & Home Improvement Conoco Gas Station Cowboy Tacos and Burritos Restaurant TNT Fireworks Discount Store

Suggested Use

Top Pick Real Estate Agency Restaurant Electrical Service Spa & Massage Center Plumbing Service HVAC Service

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

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 79118, TX

27,608
Population
11,116
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
159.4 sq mi
ZIP Area
173
Density / Sq Mi
$87,011
Median Household Income
$44,141
Median Earnings
$1,328
Median Rent
$224,000
Median Home Value

Market

Lease Benchmarks for Amarillo, TX

$68 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
12,462 SF
Avg Space Size

This space is priced 74% below the average of $68 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - New retail center at I-27 & McCormick Rd, Amarillo.
Where is this retail space located?
The property is located at 7200 McCormick Amarillo, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location at the Northeast corner of I‑27 & McCormick Rd.; High visibility from both I‑27 and McCormick Road.; Excellent accessibility with conveniently located interstate on and off ramps.
(806) 373-3111 Call to check price and availability
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