220 S McMasters St - Freestanding FOR SALE


Amarillo, TX 79106
$350,000 USD
806-358-7152
220 S McMasters St, Amarillo, TX for Sale
$350,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

220 S McMasters St
Amarillo, TX 79106


HIGHLIGHTS

  • High Traffic Count Intersection 16,635

OVERVIEW

Excellent opportunity to acquire a single-tenant retail investment in Amarillo, Texas. This steel retail building occupies a hard-corner location with strong visibility and convenient access near S McMasters Ave and SW 3rd Ave. The property is leased to H&R Block, a long-established tenant that has operated at this location for approximately 15 years, providing stable occupancy and proven site performance. The asset features a full NNN lease structure, helping minimize landlord responsibilities and create a passive income stream for investors. Offered at $350,000 with an attractive 8.57% cap rate, this investment combines reliable cash flow, established tenancy, and long-term upside in a well-trafficked infill retail corridor.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,596 SF

ZONING

LC

APN/PARCEL ID

R-056-0100-5874-0

ASK ABOUT THIS PROPERTY

Bill ChudejFIMC Commercial RealtyMore Info
806-358-7152

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Bill ChudejFIMC Commercial RealtyMore Info
806-358-7152

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