716 Polk St Amarillo, TX 79107
- Specialty properties
Current Use by Public Records
- Margaret A Walsh Md / Pediatrician
- Wright Family Medical Pediatrics / Pediatrician
- Walsh Meganne MD / Pediatrician
- Nicole Wright / Nurse Practitioner / Family Practice Physician
Property Details for 716 Polk St
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 4,850 square foot commercial property is ideally situated in downtown Amarillo, Texas, at 716 N Polk St, zip code 79107. Its prime location offers high visibility, being conveniently located near the intersection of 7th and Taylor streets and adjacent to other medical facilities. The property boasts 15 designated parking spaces, providing ample convenience for employees and patients. Previously used as a children's medical clinic, this versatile space is well-suited for various medical practices or general office use. The layout includes a welcoming lobby and waiting area, multiple offices, and exam rooms, offering flexibility for customization to meet specific business needs. The property's adaptability makes it an attractive option for medical professionals seeking a new location or businesses requiring a prominent downtown presence. A significant advantage is its proximity to a major redevelopment project: a $30 million transformation of St. Anthony's hospital across the street, creating 124 senior living units within 565,000 square feet (completion expected Fall 2024). This ongoing development promises increased foot traffic and community growth in the area. The landlord is open to negotiating the rental rate per square foot, making this a compelling opportunity for prospective tenants. The property is a single-tenant space, offering exclusive use of the entire building.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.834
- Latitude
- 35.2204