1701 Avondale St Amarillo, TX 79106
Avondale Center, located at 1701 S Avondale St, Amarillo, TX 79106, presents a prime retail opportunity in a thriving area. This 60,250 square foot strip center, built in 1962 and extensively renovated in 2022, sits on a 4.53-acre lot and boasts a highly visible location at the prominent intersection of South Avondale and Plains Boulevard. Its strategic placement, just a quarter-mile north of Interstate 40, ensures exceptional exposure to a large volume of traffic. The center is zoned for General Retail use and offers multiple tenancy options. Currently, there are several spaces available, ranging from a minimum of 1,920 square feet to a maximum contiguous space of 14,227 square feet. A significant 21,852 square feet of space is currently vacant, providing flexibility for businesses of various sizes. This property offers an excellent chance to establish or expand a retail presence in a well-established and easily accessible location within Potter County. The recent renovations ensure modern amenities and a well-maintained property, making it an attractive option for discerning tenants. The property's size and location make it ideal for a variety of retail uses.
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.
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Risks
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