4 Medical Dr Amarillo, TX 79106

This exceptional Class A, multi-tenant office building at 4 Medical Dr, Amarillo, TX 79106, presents a compelling investment opportunity. Boasting 4,797 square feet across three units, the property enjoys 100% occupancy with all three tenants holding brand new 3-5 year leases, ensuring stable income. The building, constructed in 1978 and situated on a 20,908 square foot lot, features ample parking with 48 spaces. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $52,000 and an attractive 8.00% cap rate. The building is zoned O-2 (Office District 2) and benefits from its convenient location just off 9th Street, near Amarillo's Medical Center, attracting medically-oriented businesses. The roof was replaced in 2013 with a TPO membrane. This core investment property offers a secure and profitable return, ideal for discerning investors seeking a stable, high-performing asset in a thriving medical district. The asking price is $650,000. All three tenants occupy similarly sized suites.