7001 I-40 Amarillo, TX 79106
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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