1805 S Grand St - Freestanding FOR SALE


Amarillo, TX 79103
$2,465,485 USD
806-679-9776
1805 S Grand St, Amarillo, TX for Sale
$2,465,485 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

1805 S Grand St
Amarillo, TX 79103


HIGHLIGHTS

  • Advance Auto Parts in Amarillo, TX With Nearly 2 Years of Term Remaining
  • Long-Operating Tenant Established in 1988 Demonstrating Decades of Proven Stability and Commitment to the Location
  • Rare Absolute NNN Lease – Zero Landlord Responsibilities
  • Highly Visible Frontage on S Grand St With 16,000+ Vehicles Passing Daily, Easy Access From I-40 Boasting 54,000+ VPD
  • Convenient Ingress/Egress and Parking Designed to Maximize Customer Convenience and Operational Efficiency
  • Outparcel to Walmart Supercenter Directly Across From Ross-Anchored Shopping Plaza

OVERVIEW

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an Advance Auto Parts in Amarillo, TX. This property features a rare Absolute NNN lease with zero landlord responsibilities, offers more than two years remaining on the current term, and is backed by a long-operating tenant established in 1988, demonstrating decades of proven stability and commitment to the location.

FOR SALE DETAILS

PRICE

$2,465,485 USD

PRICE/SF

$159 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,724 SF

ZONING

LC

APN/PARCEL ID

R-022-0300-4340-0

ASK ABOUT THIS PROPERTY

Chance HalesTrinity Real Estate Investment Services, LLCMore Info
806-679-9776

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Chance HalesTrinity Real Estate Investment Services, LLCMore Info
806-679-9776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.