2028 Paramount Blvd - Fast Food FOR SALE


Amarillo, TX 79109
$600,000 USD
806-683-1330
2028 Paramount Blvd, Amarillo, TX for Sale
$600,000 USD
Fast Food - FOR SALE
1/11
null | Request Cap Rate

Jun '26


2028 Paramount Blvd
Amarillo, TX 79109


HIGHLIGHTS

  • Large Pylon sign
  • 40 parking spaces
  • Leased through 5/31/2026
  • 1,000 gal grease trap installed in 2025
  • Visible from I-40 E & W bound traffic (70-80,000 vpd)

OVERVIEW

High-Visibility Restaurant & Value-Add Investment Opportunity Positioned in the heart of Amarillo, this versatile property offers a unique opportunity for both savvy investors and owner-users. Property Highlights & Recent Capital Improvements This isn't just a standard "value-add" play; the heavy lifting on infrastructure has already been completed. Since 2020, the property has undergone significant mechanical and structural updates, ensuring long-term viability and reduced deferred maintenance costs: Roof: Modern, energy-efficient TPO Roof installation. Electrical: updated in 2022. Plumbing: Modernized throughout with durable PVC & PEX piping. Grease Trap: Brand new, high-capacity 1,000-gallon grease trap installed in 2025, meeting the highest standards for modern commercial kitchen requirements Whether you choose to maintain the current lease for immediate cash flow or eventually transition the space for your own business, the recent upgrades to the grease trap, roof, and utilities provide a "plug-and-play" opportunity that is rare for properties in this price bracket.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

LC

APN/PARCEL ID

R-044-4850-1100-0

ASK ABOUT THIS PROPERTY

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806-683-1330

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Holly CoatsKW CommercialMore Info
806-683-1330

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