Medical District Office
For Lease
Contact for pricing
7501 Wallace Blvd, Amarillo, TX 79124
Office building located in Amarillo’s medical district near major healthcare institutions.
Space Size44,494 SF
Days on Market910
Property Features for 7501 Wallace Blvd
General Information
Standard status
Active
Size
44,494 SF
Property subtype
OFFICE
Lease Type
NNN
Spaces For Lease
at 7501 Wallace Blvd
7501 Wallace Blvd
$33/SF/Yr
Floor
Bldg
Size
44,494 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The facility sits in the Amarillo medical district which includes BSA Hospital & Cancer Center, Northwest Texas Healthcare System, the VA Medical Center, Texas Tech University Health Sciences Center and the Texas Tech University School of Veterinary Medicine. Amarillo, Texas is located in the heart of the Texas Panhandle and the 14th largest city in Texas. It is the hub of economic activity for the Texas Panhandle and the surrounding counties. Thriving industries include oil and gas, beef processing, dairy, agriculture, aviation and aerospace, healthcare, bioscience, and more.
Contact us
Listing Agency:
Gaut Whittenburg Emerson CRE
(806) 373-3111
Listed By:
Ben Whittenburg · License ##532785
Source:
Moodyscre
Added: May 4, 2024
Changed: Oct 25
Last Checked: Oct 28 at 8:59AM
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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Investment Insights
Based on property information with market context.
This office building is located within Amarillo’s medical district, a cluster that includes multiple major healthcare and academic institutions. The property is offered for rent.
The surrounding medical district features BSA Hospital & Cancer Center, Northwest Texas Healthcare System, the VA Medical Center, Texas Tech University Health Sciences Center, and the Texas Tech University School of Veterinary Medicine, providing a dense concentration of healthcare-focused employers and services.
Positioned in Amarillo, the facility benefits from the city’s broader role as a regional hub for industries including healthcare and bioscience, alongside other area economic drivers.
The surrounding medical district features BSA Hospital & Cancer Center, Northwest Texas Healthcare System, the VA Medical Center, Texas Tech University Health Sciences Center, and the Texas Tech University School of Veterinary Medicine, providing a dense concentration of healthcare-focused employers and services.
Positioned in Amarillo, the facility benefits from the city’s broader role as a regional hub for industries including healthcare and bioscience, alongside other area economic drivers.
Key Highlights
- Office building in Amarillo’s medical district
- Located near major healthcare institutions including BSA Hospital & Cancer Center
- Nearby employers include Northwest Texas Healthcare System, VA Medical Center, and Texas Tech University Health Sciences Center
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,556
Businesses Nearby
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Business Placement
Demographics for 79124, TX
11,585
Population
4,676
Households
2.5
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
181.2 sq mi
ZIP Area
64
Density / Sq Mi
$110,144
Median Household Income
$64,296
Median Earnings
$1,158
Median Rent
$325,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Amarillo, TX
$16.4 /SF/Yr
Avg Asking Price
$15–$18 /SF/Yr
Price Range
17,885 SF
Avg Space Size
This space is priced 101% above the average of $16.4 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building located in Amarillo’s medical district near major healthcare institutions.
Where is this office building located?
The property is located at 7501 Wallace Blvd Amarillo, TX.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: Office building in Amarillo’s medical district; Located near major healthcare institutions including BSA Hospital & Cancer Center; Nearby employers include Northwest Texas Healthcare System, VA Medical Center, and Texas Tech University Health Sciences Center
