Restaurant Property with Commercial
For Sale
$5,900,000
7432 SONCY Road, Amarillo, TX 79119
Restaurant building with a commercial kitchen, tennis court, and ample parking in a high-traffic area off Soncy and Hillside.
Property Size21,280 SF
Lot Size4.00 Acres
Price / SF$277.26
Days on Market383
Property Features for 7432 SONCY Road
General Information
Standard status
Active
Size
21,280 SF
Lot size
4.00 Acres
Property subtype
General Commercial
Additional Details
Traffic Count
32,900 vehicles/day
Amenities
Central Air
3
Building Details
Year Built
2011
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Kirk Chudej · License #0604402
Source:
Xome
Added: Aug 15, 2025
Changed: Aug 31
Last Checked: Aug 31 at 1:19PM
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 FIMC Commercial Realty
Investment Insights
Based on property information with market context.
This for-sale restaurant property at 7432 S Soncy Road in Amarillo includes an expansive building with a commercial kitchen, plus an on-site tennis court. Ample parking is available, supporting customer access for restaurant use or other compatible operations. The property is offered on approximately 4 acres, with additional acreage available if desired.
The site benefits from high exposure along Soncy and Hillside, with a stated traffic count of 32,900. That visibility can support businesses that rely on walk-in or drive-by traffic.
Overall, the combination of a dedicated commercial kitchen, existing restaurant-oriented improvements, and on-site recreation and parking gives the property a practical, turn-key foundation for an operator looking for a high-traffic setting in Southwest Amarillo.
The site benefits from high exposure along Soncy and Hillside, with a stated traffic count of 32,900. That visibility can support businesses that rely on walk-in or drive-by traffic.
Overall, the combination of a dedicated commercial kitchen, existing restaurant-oriented improvements, and on-site recreation and parking gives the property a practical, turn-key foundation for an operator looking for a high-traffic setting in Southwest Amarillo.
Key Highlights
- Restaurant building on 4 acres in Southwest Amarillo, TX
- High‑traffic location with traffic count of 32,900 at Soncy and Hillside
- Commercia kitchen plus central air cooling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$252,040
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,040,800
$5.0M
Cap Rate 7%
$3,600,571
$3.6M
Cap Rate 9%
$2,800,444
$2.8M
Market Conditions
NOI Build-Up for 21,280 SF
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.
Gross rent
$357.5K $16.80/SF
− Vacancy
−$21.5K −$1.01/SF
EGI
$336.1K $15.79/SF
− OpEx
−$84.0K −$3.95/SF
NOI
$252.0K $11.84/SF
Area
Amarillo, TX
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,040,800
Cap Rate 7%
$3,600,571
Cap Rate 9%
$2,800,444
Alternative Uses
Best Use
Specialty Retail
$3.60M
$3.15M – $4.20M
NOI $252,040 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$1.83M
$1.60M – $2.13M
NOI $128,031 @ 7.0% cap · market cap 2.17%
Theoretical Best
Office A
$4.75M
$4.16M – $5.54M
NOI $332,581 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
32,900 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 79119, TX
21,147
Population
9,839
Households
2.1
Avg Household Size
37
Median Age
44%
College-Educated
97%
High-School Grad
99.5 sq mi
ZIP Area
213
Density / Sq Mi
$100,546
Median Household Income
$63,728
Median Earnings
$1,217
Median Rent
$335,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Restaurant building with a commercial kitchen, tennis court, and ample parking in a high-traffic area off Soncy and Hillside.
Where is this commercial kitchen located?
The property is located at 7432 SONCY Road Amarillo, TX.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Restaurant building on 4 acres in Southwest Amarillo, TX; High‑traffic location with traffic count of 32,900 at Soncy and Hillside; Commercia kitchen plus central air cooling
