Seven-Unit Shopping
New
For Sale
$2,200,000
8700 CLINTON GLENN Road, Amarillo, TX 79119
COMMERCIAL - Amarillo, TX
Property Size11,400 SF
Lot Size1.84 Acres
Price / SF$192.98
Days on Market3
Property Features for 8700 CLINTON GLENN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
2000 - SW of Amarillo City Limits
Parking features
Parking Lot
Directions
NW Corner of FM 2590 (Soncy) and Clinton Glen (South of McCormick & North of 2219)
Subdivision
2172 - 4 Corners/Wildflower/Maple Fields
Standard status
Active
APN
197221
Size
11,400 SF
Lot size
1.84 Acres
Taxes and HOA fees
Tax Description
WILDFLOWER VLG AT FOUR CRNRS # 1LOT 008 BLOCK 0002
Legal Description
WILDFLOWER VLG AT FOUR CRNRS # 1LOT 008 BLOCK 0002
Utilities
Cooling system
Central Air, Electric
Building Details
Year built
2021
Building materials
Stucco
Roof type
Metal
Listing Agency:
Panhandle Plains Realty
(806) 662-1312
Listed By:
Christine Price Ufford
(806) 662-1312
Added: Aug 2
Last Checked: Aug 4 at 6:06AM
MLS# 26-322
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This seven-unit retail shopping center offers a mix of tenants and flexible space, with two restaurants and a church plus two open units. The units are approximately 40 x 40 each, and all utilities are metered separately, which can simplify tenant-level operating setup. Construction materials include stucco, with central air (electric) and a metal roof. Parking is provided via an on-site parking lot.
Located on 8700 Clinton Glenn Road in the Amarillo area, the center is described as being between Canyon and Amarillo. The property is positioned for retail and community uses that benefit from a multi-tenant setup, with room for additional occupancy through the two open units. The owner will consider seller financing.
Built in 2021, this center is a straightforward option for buyers seeking a compact retail configuration with separate utility metering and multiple merchandising frontages.
Located on 8700 Clinton Glenn Road in the Amarillo area, the center is described as being between Canyon and Amarillo. The property is positioned for retail and community uses that benefit from a multi-tenant setup, with room for additional occupancy through the two open units. The owner will consider seller financing.
Built in 2021, this center is a straightforward option for buyers seeking a compact retail configuration with separate utility metering and multiple merchandising frontages.
Key Highlights
- Seven‑unit retail shopping center with two restaurants, one church, and two open units
- Approximately 40 x 40 per unit
- All utilities are metered separately
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $191.5k | $16.80 |
| − Vacancy | −$11.5k | −$1.01 |
| EGI | $180.0k | $15.79 |
| − OpEx | −$45.0k | −$3.95 |
| NOI | $135.0k | $11.84 |
11,400 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $135,022 @ 7.0% cap · market cap 6.14%
Second Best
Retail
$1.57M
$1.38M – $1.84M
NOI $110,124 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,168 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
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?
Shopping center - Seven-unit shopping center on 1.84 acres with separately metered utilities, built in 2021.
Where is this shopping center located?
The property is located at 8700 CLINTON GLENN Road Amarillo, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Seven‑unit retail shopping center with two restaurants, one church, and two open units; Approximately 40 x 40 per unit; All utilities are metered separately
