Olsen Vlg Amarillo, TX 79106
- Neighborhood centers
- 34,600 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 0 Olsen Vlg
- Property size
- 34,600 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
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 Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.881
- Latitude
- 35.1846
