Property profile

8400 Interstate 40 Amarillo, TX 79106

OFF-MARKET
Turn key restaurants
Property ID
US82-1464117
7,107 SF 1.48 ac lot Built 2001
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,279 square foot Chuy's restaurant located at 8400 W Interstate 40 in Amarillo, Texas, Potter County, zip code 79124. The property sits on a 1.48-acre lot and benefits from its prime location on a heavily trafficked Interstate 40 pad site, providing excellent highway exit accessibility. The building, constructed in 2001 and renovated in 2019, is currently 100% occupied under a single-tenant, absolute NNN lease with Chuy's (acquired by Darden Restaurants in 2024). The lease commenced December 1, 2019, and has a remaining term of 5.1 years, expiring December 30, 2029. The lease includes 10% rent bumps every five years. The property offers a strong net operating income (NOI) of $195,800, resulting in a 6.00% cap rate. The asking price is $3,263,335. Amarillo, the largest city in the Texas Panhandle, boasts a population exceeding 200,000, ensuring a robust customer base for this established restaurant. This is a rare opportunity to acquire a well-performing, net-leased property with a strong tenant and significant remaining lease term in a prime location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Total area 7,107 SF
Lot 1.48 ac (64,469 SF)
Zoning code LC
APN R-005-7540-2005
UPID US82-1464117

Cap rate & NOI

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

Location

8400 Interstate 40 Amarillo, TX 79106-1502
Amarillo metro Census 11700 AMARILLO, TX METROPOLITAN STATISTICAL AREA
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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
$785k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2013
Price N/A
2006
Price N/A
2006
Price N/A

Zoning & alternative use

LC · Amarillo, TX
Zoning description

remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-1…

General category COMMERCIAL
Top alternative use upside
Office building $1.3M +50.7%
Retail stores $1.0M +17.5%
Auto repair, garage $950,000 +11.7%

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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