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Corporate-Leased NNN Property

734 N Pierce St, Amarillo, TX 79107

For Sale
New
$2,635,000

Whataburger Restaurants, LLC holds the lease, with three extension options available.

Property Size3,669 SF
Days on Market6

Property Features for 734 N Pierce St

General Information

Standard status Active
Size 3,669 SF
Property subtype Retail
Zoning LC: Light Commercial

Additional Details

Tenant in Place Yes

Building Details

Building Size 3,669 SF
Year Built 1985
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Patrick Luther · License #01912215
Source: Srsre
Added: Nov 4 Changed: Nov 5 Last Checked: Nov 8 at 2:06AM

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 SRS Real Estate Partners - Global Company

Rey
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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.

The Amarillo property was built in 1985 and is zoned LC: Light Commercial. Whataburger Restaurants, LLC is the corporate tenant under a signed lease, with more than eight years remaining. The agreement provides three five-year extension options. Rent increases by 10% every five years and at the start of each option period.

Key Highlights

  • Corporate lease with Whataburger Restaurants, LLC
  • More than 8 years remaining on the lease
  • Three 5‑year option periods

Property Analytics

Current Use

Whataburger Restaurant

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store

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

680
Businesses Nearby

Demographics for 79107, TX

37,480
Population
12,346
Households
3
Avg Household Size
34
Median Age
6%
College-Educated
61%
High-School Grad
19.6 sq mi
ZIP Area
1,912
Density / Sq Mi
$39,474
Median Household Income
$28,084
Median Earnings
$1,016
Median Rent
$88,400
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

Frequently Asked Questions

What type of property is this?
NNN property - Whataburger Restaurants, LLC holds the lease, with three extension options available.
Where is this nnn property located?
The property is located at 734 N Pierce St Amarillo, TX.
What is the asking price?
The asking price for this property is $2,635,000.
What are key features of this property?
This property features: Corporate lease with Whataburger Restaurants, LLC; More than 8 years remaining on the lease; Three 5‑year option periods
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