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    5701 Time Sq Amarillo, TX 79119

    For Lease
    $22 SF/Yr

    Class A Office Space, SW Amarillo, TX

    Lot size:
    134,336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 134,336-square-foot Class A office building, constructed in 2014, presents a prime opportunity in Amarillo's southwest sector. Located at 5701 Time Square, Amarillo, TX 79119, in Randall County, this multi-tenant property boasts a highly desirable location. Its strategic placement offers easy access to major transportation arteries, including I-40, I-27, and Loop 335, ensuring convenient commutes for employees and clients. The building features ample parking, addressing a key concern for tenants. Further enhancing its appeal, a shared conference room is available on the second floor for tenant use, promoting collaboration and efficiency. Additional storage space is also available at an extra cost, providing flexibility for various business needs. For qualified tenants, a tenant improvement allowance is offered, contingent upon creditworthiness and lease terms. The property is zoned PD and includes elevators. This traditional office building represents a compelling investment opportunity in a thriving Amarillo market. The building's modern design and convenient amenities make it an ideal location for businesses seeking a high-quality, well-situated office space.

    Property Features for 5701 Time Sq

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    134,336 SF
    Total Rate
    251880

    Building Details

    Year Built
    2014

    Unit(s) available at that property

    Space
    Suite 360
    Size
    1,922 SF
    Rate per SF
    $24
    Space
    Suite 320
    Size
    3,094 SF
    Rate per SF
    $22
    Space
    Suite 330
    Size
    1,026 SF
    Rate per SF
    $22
    Space
    Suite 120
    Size
    3,696 SF
    Rate per SF
    $26
    Space
    Suite 210
    Size
    2,817 SF
    Rate per SF
    $26
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.94315035
    Latitude
    35.14688829

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    FAQs

    What type of property is this?
    Office building - Class A Office Space, SW Amarillo, TX
    Where is this office building located?
    The property is located at 5701 Time Sq Amarillo, TX.
    What is the lease rate?
    The lease rate is $22-$26 SF/Yr.
    Request Owner's contact information
    5701 Time Sq Amarillo, TX 79119
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    Amarillo, TX 79119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5701 Time Sq Amarillo, TX 79119
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