Amarillo, TX Multi-Family Commercial Real Estate
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6240 Woodward Street
Amarillo, TX
Prime location just within blocks of the medical district, where over 5,000 people are employed. . Numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef which plans to build a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 people. . There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., West Oaks is within walking distance of Deville and Wolflin. . Amarillo is the second fastest growing mid-sized city in the nation. . The property sits below direct competitors in rent and occupancy. New ownership can take a hands-on approach to increase income. . Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%.
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1002 SW 11th Avenue
Amarillo, TX
There are numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef building a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 people. . There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., West Oaks and Deville and Wolflin are within a short drive from the property. . Amarillo is the second fastest growing mid-sized city in the nation. . The property sits below direct competitors in rent and occupancy. New ownership can take a hands-on approach to increase income. . Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%.
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1900 Wisdom Drive
Amarillo, TX
The property sits below competitors in rents and occupancy. New ownership will have immediate upside with a more hands-on approach. . Prime location just within blocks of the medical district, where over 5,000 people are employed. . There is an opportunity to add immediate scale by purchasing one or more of the other properties in the portfolio. E.g., Deville and Wolfin is within walking distance of West Oaks. . Deville and Wolflin sit on five separate parcels, offering a unique opportunity to buy one property and exit as multiple smaller properties. . Amarillo is the second fastest growing mid-sized city in the nation. . Amarillo performs exceptionally well during economic slowdowns. The local economy increased 3.8% over Covid while the national economy shrank 2.8%. . There are numerous major economic projects slated to add over 4,500 jobs to the local economy in the next few years, including Producer Owned Beef which plans to build a $670M facility, as well as a new Amazon Fulfillment Center which will employ 500 people.
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1002 SW 11th Avenue
Amarillo, TX
Rare opportunity to have immediate scale and take over ownership in irreplicable locations.. Clear and attainable upside by burning off loss-to-lease, executing a unit upgrade program, and adding car ports.. Amarillo is ranked the second fastest growing mid-sized city in the country.. The market performs well in economic slowdowns. The economy grew 3.8% during Covid.. Offered free and clear of existing debt.
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Market Stats
Amarillo has 570 commercial real estate spaces for lease, representing 3,684,017 sqft space.
254 buildings are available for sale.
In the past 30 days, Amarillo has had 31 spaces leased.
Metropolitan areas near Amarillo, TX
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