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    OFF-MARKET
    Lifestyle centers

    2511 Paramount Blvd, Amarillo, TX 79109

    610,243 SF
    Property ID
    US82-1096528
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of ten strategically located shopping centers spanning across West Texas and the Panhandle. Encompassing a substantial 610,243 square feet of retail space, the portfolio boasts a diverse tenant mix including national brands like Dollar General, Dollar Tree, Tractor Supply, Goodwill, Subway, Little Caesars, and United Supermarkets, alongside regional and local businesses such as Rent A Center and Big R Stores. Currently operating at 56.6% occupancy, this value-add opportunity offers significant upside potential. The portfolio is priced attractively at $42.25 per square foot, with average rents considerably below market averages, presenting a compelling return on investment. The properties are situated in Amarillo (multiple locations), Dumas, Hereford, Plainview (multiple locations), and San Angelo, Texas, offering geographic diversification and access to established markets. Detailed financial information and property-specific data are available upon request. This portfolio represents a rare chance to acquire a substantial retail footprint in a growing region with strong potential for increased occupancy and rental income. The diverse tenant base provides stability and resilience, while the below-market rents offer immediate opportunities for value enhancement. This is an ideal acquisition for investors seeking a significant value-add opportunity in the Texas retail market.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 610,243 SF
    UPID US82-1096528
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Capitol Loans Loan Service
    • Spaids Tattoo Tattoo & Piercing Shop
    • Chinese Massage Center Body Oasis Alternative Medicine Practice Spa & Massage Center
    • PPG Paint Store Hardware & Home Improvement Building Supply
    • Mulligans Sports Pub Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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