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    7401 45Th Ave Amarillo, TX 79119

    For Lease
    $20 SF/Yr ($4,166 /Mo)

    2,500 SF Retail Space Available Now

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2,500 square foot retail space is perfectly situated in Randall County, offering immediate occupancy for a discerning tenant. The property boasts a highly desirable location within a vibrant shopping center, enjoying strong co-tenancy with established businesses such as Cato, Gamestop, Subway, Innovative Nutrition, and O.P. Nails. The presence of significant shadow anchors, Walmart and Lowe's, ensures substantial foot traffic and brand visibility. The entire space is currently vacant, presenting a unique opportunity for a business seeking immediate move-in. The property is classified as a multi-tenant retail building, providing a collaborative and dynamic environment. The Net Net Net (NNN) expenses are calculated at $4.46 per square foot, offering transparency and predictability in operational costs. This turnkey retail space is ready for immediate customization and occupancy, making it an ideal location for a variety of retail concepts. The property's strategic location within a well-established shopping center, coupled with its attractive lease terms and strong co-tenancy, makes it an exceptional investment opportunity. Don't miss this chance to establish your business in a high-traffic, high-visibility location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 7401 45Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF
    Total Rate
    4166.67

    Unit(s) available at that property

    Space
    Suite 6
    Size
    2,500 SF
    Rate per SF
    $22

    HighLights

    • Retail property totaling 2,500 square feet.
    • Entire space is currently vacant.
    • Located in Randall County.
    • Strong co‑tenancy includes Cato, Gamestop, Subway, Innovative Nutrition, and O.P. Nails.
    • Shadow anchored by Walmart and Lowe's.
    • NNN expenses are $4.46 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GameStop Electronics Store Innovative Nutrition Vitamin & Supplements Store Cato Fashions Women'S Clothing Store Subway Sandwich Shop CoinFlip Bitcoin ATM Atm

    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
    -101.9213907
    Latitude
    35.1611089

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    FAQs

    What type of property is this?
    Retail property - 2,500 SF Retail Space Available Now
    Where is this retail property located?
    The property is located at 7401 45Th Ave Amarillo, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 2,500 square feet.; Entire space is currently vacant.; Located in Randall County.
    Request Owner's contact information
    7401 45Th Ave 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
    7401 45Th Ave Amarillo, TX 79119
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