Brittany Doyle - Commercial Real Estate Showcase

Brittany Doyle Property Listings
ThomasonScott
3321 Bell St
Suite A
Amarillo, TX 79106-5023


DetailMap
3315 Bell Street - The Village on Bell - Village On Bell

Amarillo, TX 79106-5012


Property Type:Retail Sub Type:- Status:Existing Year Built:1963
Building Size:106,226 SF Land Area:7.17 AC (312,325 SF)
Smallest Space:1,850 SF Largest Space:9,257 SF Total Space Avail:9,257 SF Rent/SF/Yr:
$8.00 - $12.00
Parking:Free Surface spaces are available; Ratio of 3.43/1,000 SF Anchor Tenants:Stein Mart
Features:Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,850 SF-9,257 SF
$8.00 - $12.00/SF/Yr
Vacant
3 yrs
Retail
 
10602089


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,850 SF-9,257 SF
$8.00 - $12.00/SF/Yr
Vacant
3 yrs
Retail

Sale Notes:
TREK Investment Group is pleased to offer for sale The Village on Bell shopping center located in Amarillo, Texas. This property offers an investor a 98% leased, 106,226 square foot shopping center with staggered lease expiration dates, below market rental rates and anchored by Stein Mart. Located at the southeast corner of Bell Street and SW 34th Avenue, the Village on Bell is positioned on a premier corner in Amarillo on over 7 acres, less than one mile from Interstate 40. The subject property is surrounded by local and national retailers including Hobby Lobby, Walgreens, Bank of America, Gold’s Gym, Big Lots, Dollar General and many more. The asset is priced below replacement cost at $95.71 per square foot.
Amarillo is the largest city in the Texas Panhandle and the seat of Potter County. The city is considered the regional economic center for the TX Panhandle, Eastern NM and the Oklahoma panhandle. The Texas Panhandle is positioned to supply the rest of Texas with wind energy and has the potential for more than $7.5 billion of capital investment in wind development and connectivity construction. Few cities Amarillo’s size can boast of such a diverse economic base. From wind, oil and gas production, agriculture, precious metals refining, aircraft production, and just about every industry in between, Amarillo enjoys a wide array of businesses.
The city's largest employer in 2005 is Tyson Foods, with 3,700 employees. The Amarillo Independent School District is next with 3,659 employees followed by BWXT Pentax, Baptist St. Anthony’s Health Care System, City of Amarillo, Northwest Texas Healthcare System, Amarillo College, and United Supermarkets. Other major employers include Bell Helicopter Textron, Owens-Corning, and ASARCO.
Agriculture in Amarillo remains a major economic engine. The Panhandle is the Cattle Feeding Capital of the World, producing more than five million fed cattle a year, or 30 percent of the nation’s supply. The region has four major packing facilities, as well as other beef fabrication operations. Wheat, corn, grain sorghum, cotton and a growing swine industry make agriculture a $4 billion-plus industry that employs more than 33,000 Panhandle men and women. Approximately 14 million acres of agricultural land surrounds the city with corn, wheat and cotton as the primary crops.


ThomasonScott
Brittany Doyle
(806) 340-7330



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