Technical
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Property profile

12828 I-27 Amarillo, TX 79119

OFF-MARKET
Warehouses
8,620 SF 3.22 ac lot Built 2019
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, net-lease warehouse located at 12828 I-27 in Amarillo, Texas. The property boasts 8,620 square feet situated on a 3.22-acre lot, offering excellent accessibility to I-27, Loop 335 E, and Hereford Highway. Built in 2019 and renovated in 2024, the warehouse is currently 100% occupied by H&E Equipment Services, a nationally recognized tenant with over $1 billion in annual revenue and more than 125 locations nationwide. The tenant recently signed a new 10-year NNN lease with options for 3 or 5-year extensions and a 3% annual rent escalation. This provides a secure, long-term income stream with minimal landlord responsibilities. The property's strong financial performance is reflected in its 6.12% cap rate and a net operating income (NOI) of $238,953. The asking price is $3,900,000. Zoning is unrestricted within Amarillo's 5-mile extraterritorial jurisdiction. This is a compelling investment opportunity offering a combination of strong tenant creditworthiness, a long-term lease, and a desirable location.

Property profile

Verified
Property type Warehouses
Year built 2019
Total area 8,620 SF
Lot 3.22 ac (140,263 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12828 I-27 Amarillo, TX 79119
Amarillo metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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