Walgreens Amarillo, TX

Property Price: $5,360,870
Property Status: Closed
Property Type: Retail
Cap Rate: 5.75%
Lease Type: Fee Simple
Tenant Type: Single Tenant
NOI: $308,250
Building Size: 13,950 SF
Land Area:
Remaining Term: 16 Years
Expenses: NN

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**Listing Brokers**
Kase Abusharkh - (925) 348-1844 kase@svn.com
Jacob Abusharkh - (415) 269-2474 jacob@svn.com

This offering is for the 100% fee simple interest in the land and building. The property is leased to Walgreens under a NN lease. The property includes a drive-thru. Walgreens has excellent store sales at this location. The property is well situated at a hard corner of two major commercial thoroughfare (Highways 287 and 400.)


Amarillo is the fourteenth most populous city in the state of Texas, also the largest City in the Texas Panhandle, and the seat of Potter County. A portion of the city extends into Randall County. The population was 190,695 at the 2010 census. The Amarillo metropolitan area has an estimated population of 236,113 in four counties. Amarillo operates one of the largest meat packing areas in the United States. Pantex, the only nuclear weapons assembly and disassembly facility in the country, is also a major employer. The attractions Cadillac Ranch and Big Texan Steak Ranch are located adjacent to Interstate 40. U.S. Highway 66 (Route 66) also passed through the city.

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Agent Contact Information

Justin Grissen
Managing Director

jgrissen@landesfairmount.com
214-572-2020

Austin Landes
Investment Advisor

alandes@landesfairmount.com
214-572-2024

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