Property profile

0 Olsen Vlg Amarillo, TX 79109

OFF-MARKET
Neighborhood centers
49,378 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Neighborhood centers
Total area 49,378 SF

Cap rate & NOI

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

Location

Olsen Vlg Amarillo, TX 79109
Amarillo metro
Google Maps

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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