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    FOR LEASE
    Parking lots & garages

    790 Buchanan St, Amarillo, TX 79101

    77,308 SF 2.07 ac lot Built 2016
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US83-0114183
    Property summary
    AI-generated overview

    This exceptional 3,273 square foot retail property, located at 790 Buchanan Street in Amarillo, Texas, presents a unique investment opportunity. The property is a multi-tenant strip center with restaurant capabilities, currently fully vacant and offering a total of 3,273 square feet of contiguous space. The minimum divisible space is 1,000 square feet, providing flexibility for various business needs. Situated in the desirable 79101 submarket of Potter County, this location boasts unparalleled visibility and accessibility. Its strategic placement offers significant advantages, being directly adjacent to a parking garage, the Embassy Suites Hotel, the Civic Center, and Hodgetown Stadium. This prime location ensures high foot traffic and exposure to a diverse customer base, making it ideal for a variety of retail or restaurant concepts. The property's proximity to these key attractions guarantees a steady stream of potential customers, creating a strong foundation for business success. The entire 3,273 square feet is available for lease, offering a rare chance to establish a significant presence in a thriving Amarillo commercial district. This is an exceptional opportunity for businesses seeking a high-visibility location with excellent access and ample parking.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 2016
    Total area 77,308 SF
    Lot 2.07 ac (90,169 SF)
    Zoning code CB
    APN R-065-1000-7610
    UPID US83-0114183
    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
    • Xcel Energy Electric Utility Company Public Utility
    • Jimmy John's Take-out & Catering
    • Southwestern Public Service Co Electric Utility Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.24M
    Owner & transaction history
    SPS AMARILLO TX LANDLORD LLC
    SPS AMARILLO TX LANDLORD LLC
    Zoning & alternative use
    CB · Amarillo, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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