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    Olsen Vlg Amarillo, TX 79106
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    Olsen Vlg, Amarillo, TX 79106

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    • Neighborhood centers
    • 34,600 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 0 Olsen Vlg

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This 4,997 square foot retail space is located in Olsen Village West, a multi-tenant strip center totaling 34,600 square feet situated on a 137,259 square foot lot in Randall County. The space, formerly occupied by FedEx Office, features an open layout with a rear office area. It's part of a thriving retail center, less than half a mile from I-40, conveniently located near the intersection of Western and Olsen. The property boasts excellent visibility and accessibility. Nearby amenities include newly constructed Comfort Suites, Candlewood Suites, and Staybridge Suites, as well as a Health & Human Services Office. Strong co-tenancy includes popular national brands such as Jimmy John's, Rudy's, Dunkin' Donuts, Planet Fitness, Michael's, and Burlington Coat Factory. The space is zoned GR - General Retail and was renovated in 2016. The Net Net Net (NNN) rent is $4.27 per square foot, inclusive of water, sewer, trash, and common area maintenance (CAM). This presents a unique opportunity for businesses seeking high-visibility retail space in a densely populated area with strong surrounding retail and ample customer traffic.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.881
    Latitude
    35.1846
    More about this property
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