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    58 58Th Ave Amarillo, TX 79110

    For Lease
    $10 SF/Yr ($17,006 /Mo)

    Three Suites Available, High Traffic Area

    Lot size:
    19,436 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity is located at the Southtree Shopping Center in Amarillo, Texas, within Potter County. The property boasts a total of 19,436 square feet, divided into three available suites ranging from 2,500 to 8,656 square feet, offering flexibility for various retail concepts. Strategically positioned between two high-traffic intersections, this location ensures maximum visibility and accessibility. The center enjoys a strong anchor tenant, Market 33 grocery store, providing significant foot traffic and drawing power. Convenient access to major roadways, including I-27, Hillside Road, and Western Street, further enhances its appeal. Ample parking is available for customers and employees. The property offers pylon signage opportunities on Western Street for enhanced brand visibility. The lease rate is $10.50 per square foot annually, with a triple net (NNN) charge of $3.20 per square foot. This is an ideal location for businesses seeking high visibility and strong customer traffic in a thriving retail environment. The property's prime location and attractive lease terms make it a compelling investment opportunity.

    Property Features for 58 58Th Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,436 SF
    Total Rate
    17006.5

    Unit(s) available at that property

    Space
    Suite A
    Size
    8,656 SF
    Rate per SF
    $10
    Space
    Suite B
    Size
    2,500 SF
    Rate per SF
    $10
    Space
    Suite C
    Size
    3,000 SF
    Rate per SF
    $10

    HighLights

    • Retail space available at Southtree Shopping Center, Potter County.
    • Three suites available, ranging from 2,500 to 8,656 square feet.
    • Shadow‑anchored by Market 33 grocery store.
    • Pylon signage available on Western Street.
    • Excellent access to I‑27, Hillside Road, and Western Street, situated between two high‑traffic intersections.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Auto Parts Store Department Store Food Market Storage Facility Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.883825
    Latitude
    35.1465582

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    FAQs

    What type of property is this?
    Individual retail property - Three Suites Available, High Traffic Area
    Where is this individual retail property located?
    The property is located at 58 58Th Ave Amarillo, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Retail space available at Southtree Shopping Center, Potter County.; Three suites available, ranging from 2,500 to 8,656 square feet.; Shadow-anchored by Market 33 grocery store.
    Request Owner's contact information
    58 58Th Ave Amarillo, TX 79110
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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
    58 58Th Ave Amarillo, TX 79110
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