5752 Amarillo Blvd, Amarillo, TX 79106
- Lifestyle centers
- 15,200 SF
- 2.08 lot acres
Current Use by Public Records
- AT&T Store / Mobile Phone Store / Electronics & Wireless Store
- Subway / Take-out & Catering
- Dollar Tree / Discount Store
Property Details for 5752 Amarillo Blvd
- Year built
- 2005
- Lot size
- 2.08 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 15,200-square-foot retail center in Amarillo, Texas, presents a compelling investment opportunity. Located at 5752 W Amarillo Blvd, this 2.08-acre property boasts a prime location, shadow-anchored by a high-traffic Walmart Supercenter and Lowe's Home Improvement, ensuring consistent customer flow. The center is currently 100% occupied by three national tenants, including a high-performing Dollar Tree that recently renewed its lease for five years. All leases are triple-net (NNN), minimizing landlord responsibilities and maximizing return. Built in 2005, the building features a durable metal roof and ample paved parking. A double-sided monument sign provides excellent visibility on Amarillo Boulevard, which sees over 22,500 vehicles daily. The property benefits from a dense retail trade area and a strong surrounding population of over 134,183 residents within a five-mile radius. The asking price is $2,907,000, representing a 7.47% cap rate and a price per square foot of $191.25. The strong tenant mix, prime location, and favorable lease terms make this a highly attractive investment. The property's Net Operating Income (NOI) is $217,215. This is a rare opportunity to acquire a well-performing retail center in a thriving market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.90364745601
- Latitude
- 35.212112355577
