0 Olsen Vlg, Amarillo, TX 79109
This Amarillo, Texas retail property, Olsen Village East, offers 49,378 square feet of Class B space in a prime location. The strip center features 14 suites, with 11,422 square feet currently vacant. Available spaces range from 1,655 to 6,025 contiguous square feet, ideal for a variety of retail businesses. Suite 14 (3,043 sq ft) is a fully furnished restaurant space ready for immediate occupancy. Other available spaces include Suites 15 (1,678 sq ft) and 16 (1,655 sq ft). The property sits on a large 189,172 square foot lot, zoned GR - General Retail in Randall County. Its convenient location is less than half a mile from I-40, near the intersection of Western and Olsen. The area boasts strong surrounding retail, including national brands like Jimmy John's, Rudy's, Dunkin' Donuts, Planet Fitness, Michael's, and Petco. Nearby hotels include Comfort Suites, Candlewood Suites, and Staybridge Suites, along with a Health & Human Services Office. NNN rent is $4.15 per square foot, inclusive of water, sewer, trash, and CAM charges. Contact us for current rental rates and to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.