Retail and Office
For Sale
Contact for pricing
9404 Hillside Road Suite 101, Amarillo, TX 79119
New construction retail and office suites with front-door parking and a suite layout featuring multiple offices and a breakroom.
Property Size10,091 SF
Price / SF$0.03
Days on Market196
Property Features for 9404 Hillside Road Suite 101
General Information
Standard status
Active
Size
10,091 SF
Property subtype
Retail
Zoning
General Retail
Lease Type
NNN
Additional Details
Traffic Count
37,898 vehicles/day
Building Details
Year Built
2023
Tenancy
Multi
Listing Agency:
Gaut Whittenburg Emerson CRE
Listed By:
Miles Bonifield · License #TX 0594133
(806) 584-7365
Source:
Crexi
Added: Apr 10
Changed: Oct 15
Last Checked: Oct 20 at 7:18PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
New construction retail or office space in Southwest Amarillo, positioned on Hillside just west of Soncy Road and about a block west of Townsquare. The property offers 1st-generation retail and office suites with front door parking for convenient customer and employee access.
The center benefits from adjacency to Town Square Village, Vedure Fitness, and The Legacy at Town Square, supporting a mix of established neighborhood services and retailers. Existing tenant names mentioned include Edward Jones, Alliance Credit Union, Hot Worx, Ziggy's, and State Farm.
Suite 102 is planned to include 4-5 offices and a breakroom, making it suitable for professional office configurations within a retail-oriented environment. The location also provides visibility with approximately 37,898 cars passing by daily at the intersection of Soncy and Hillside, helping support ongoing foot-traffic and drive-by exposure.
The center benefits from adjacency to Town Square Village, Vedure Fitness, and The Legacy at Town Square, supporting a mix of established neighborhood services and retailers. Existing tenant names mentioned include Edward Jones, Alliance Credit Union, Hot Worx, Ziggy's, and State Farm.
Suite 102 is planned to include 4-5 offices and a breakroom, making it suitable for professional office configurations within a retail-oriented environment. The location also provides visibility with approximately 37,898 cars passing by daily at the intersection of Soncy and Hillside, helping support ongoing foot-traffic and drive-by exposure.
Key Highlights
- Year built 2023 new construction retail and office suites in southwest Amarillo
- Suites available for $275 PSF (shell condition)
- Front‑door parking for easy customer and tenant access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,479
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,949,580
$1.9M
Cap Rate 7%
$1,392,557
$1.4M
Cap Rate 9%
$1,083,100
$1.1M
Market Conditions
NOI Build-Up for 10,091 SF
Gross rent
$151.4K $15.00/SF
− Vacancy
−$12.1K −$1.20/SF
EGI
$139.3K $13.80/SF
− OpEx
−$41.8K −$4.14/SF
NOI
$97.5K $9.66/SF
Area
Amarillo, TX
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,949,580
Cap Rate 7%
$1,392,557
Cap Rate 9%
$1,083,100
Alternative Uses
Best Use
Office B
$1.65M
$1.45M – $1.93M
NOI $115,794 @ 7.0% cap · market cap 42,106.91%
Second Best
Retail
$1.39M
$1.22M – $1.62M
NOI $97,479 @ 7.0% cap · market cap 35,446.91%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,710 @ 7.0% cap · market cap 57,349.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
37,898 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
186
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 Office in South region
Frequently Asked Questions
What type of property is this?
Strip mall - New construction retail and office suites with front-door parking and a suite layout featuring multiple offices and a breakroom.
Where is this strip mall located?
The property is located at 9404 Hillside Road Suite 101 Amarillo, TX.
What are key features of this property?
This property features: Year built 2023 new construction retail and office suites in southwest Amarillo; Suites available for $275 PSF (shell condition); Front‑door parking for easy customer and tenant access
