12760 I-27 Amarillo, TX 79119

This fee-simple industrial property in Amarillo, Texas offers a compelling investment opportunity. The 7,500-square-foot distribution center sits on a 4.34-acre lot at 12760 I-27, Amarillo, TX 79119. Built in 2019 and renovated in 2020, the property is currently under a 15-year absolute triple-net (NNN) lease with EquipmentShare, commencing October 1, 2021, and expiring September 30, 2036. This leaves approximately 11.9 years remaining on the primary lease term. The current annual net operating income (NOI) is $228,467, resulting in a 6.65% capitalization rate based on the asking price of $3,435,593. The lease includes two five-year renewal options, potentially extending the lease term to 25 years. Annual rent increases of 1.7% are scheduled to begin in year six and continue throughout the base term and renewal options. This property presents a strong, long-term investment with a stable tenant and attractive financial metrics. The price per square foot is $458.08. The property is located in Randall County and offers significant potential for future appreciation.