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    OFF-MARKET
    Retail properties & Spaces

    58 58Th Ave, Amarillo, TX 79110

    19,436 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at the Southtree Shopping Center in Amarillo, Texas, within Potter County. The property boasts a total of 19,436 square feet, divided into three available suites ranging from 2,500 to 8,656 square feet, offering flexibility for various retail concepts. Strategically positioned between two high-traffic intersections, this location ensures maximum visibility and accessibility. The center enjoys a strong anchor tenant, Market 33 grocery store, providing significant foot traffic and drawing power. Convenient access to major roadways, including I-27, Hillside Road, and Western Street, further enhances its appeal. Ample parking is available for customers and employees. The property offers pylon signage opportunities on Western Street for enhanced brand visibility. The lease rate is $10.50 per square foot annually, with a triple net (NNN) charge of $3.20 per square foot. This is an ideal location for businesses seeking high visibility and strong customer traffic in a thriving retail environment. The property's prime location and attractive lease terms make it a compelling investment opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 19,436 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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