7001 I-40 Amarillo, TX 79106
- Retail properties
- 16,000 SF
- 1.48 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7001 I-40
- Year built
- 1985
- Lot size
- 1.48 lot acres
- Property size
- 16,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This Class A, 16,000 square foot executive office building is situated on 1.48 acres at 7001 I-40 West in Amarillo, Texas, 79106. Boasting a prominent location on the south side of I-40, just east of the I-40 and Coulter intersection, this property offers exceptional visibility and convenient access. Currently 100% occupied with a single tenant under a NNN lease with two years remaining, the building presents a compelling investment opportunity. Built in 1985, the property features 80+ parking spaces and is zoned GR (General Retail), allowing for diverse usage options. The building's 16,000 square feet of contiguous space is ideal for an owner-occupier or investor seeking a strong, established tenant. Its strategic location adjacent to Outback Steakhouse and direct Interstate access ensures high traffic and visibility. The asking price is $1,650,000. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Amarillo location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.917
- Latitude
- 35.1853