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    7560 Outlook Dr Amarillo, TX 79106

    For Lease
    $18 SF/Yr ($7,296 /Mo)

    Two Suites Available, High Traffic Area

    Lot size:
    4,864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4,864 square foot retail strip center, built in 2019, presents a unique investment opportunity in Potter County's thriving medical district. Ideally situated near Texas Tech University Health Sciences Center, Northwest Texas Hospital, and BSA Hospital, this property benefits from high visibility and consistent foot traffic. The center currently houses a successful local cafe and roastery, Strata Coffee, occupying one of the two available suites. The remaining space totals 2,500 square feet, offering significant potential for a variety of retail businesses. The property is zoned GR, providing flexibility for a range of uses. Each suite offers ample space for customization to meet individual tenant needs. The building's modern construction and prime location make it an attractive option for businesses seeking to establish a presence in a high-growth area with a strong, established customer base. The existing tenant provides a stable income stream, further enhancing the investment potential of this property. This is an excellent opportunity to acquire a well-located retail property in a rapidly developing area with significant medical and educational institutions nearby. The combination of a successful existing tenant and substantial vacant space offers immediate income and future growth potential. Don't miss this chance to secure a prime retail location in the heart of the medical district.

    Property Features for 7560 Outlook Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,864 SF
    Total Rate
    7296

    Building Details

    Year Built
    2019

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,250 SF
    Rate per SF
    $18
    Space
    Suite 300
    Size
    1,250 SF
    Rate per SF
    $22

    HighLights

    • Retail strip center totaling 4,864 square feet.
    • Two suites available, one currently occupied by Strata Coffee, a local cafe and roastery.
    • 2,500 square feet of vacant space.
    • Building constructed in 2019.
    • Located in Potter County's medical district, near Texas Tech University Health Sciences Center, Northwest Texas Hospital, and BSA Hospital.
    • Zoned GR.
    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
    Potter
    State
    Texas
    Longitude
    -101.92336561
    Latitude
    35.19829407

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    FAQs

    What type of property is this?
    Neighborhood center - Two Suites Available, High Traffic Area
    Where is this neighborhood center located?
    The property is located at 7560 Outlook Dr Amarillo, TX.
    What is the lease rate?
    The lease rate is $18-$22 SF/Yr.
    What are key features of this property?
    This property features: Retail strip center totaling 4,864 square feet.; Two suites available, one currently occupied by Strata Coffee, a local cafe and roastery.; 2,500 square feet of vacant space.
    Request Owner's contact information
    7560 Outlook Dr Amarillo, TX 79106
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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
    7560 Outlook Dr Amarillo, TX 79106
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