3412 S Georgia St - Storefront FOR SALE


Amarillo, TX 79109
$3,541,428 USD
806-468-4899
3412 S Georgia St, Amarillo, TX for Sale
$3,541,428 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

3412 S Georgia St
Amarillo, TX 79109


HIGHLIGHTS

  • Prime Corner Redevelopment Opportunity
  • 2.71-acre site offers flexible redevelopment options: retail, mixed-use, or big-box repositioning
  • Existing national-tenant leases provide near-term income, with future expirations creating value-add potential

OVERVIEW

Prime Corner Redevelopment Opportunity – 34th & Georgia, Amarillo, TX Asking Price (Land Basis): 2.71 acres at $30/SF | ±$3,541,428 Building Size: 24,074 SF Existing Tenants: National-credit tenants — AutoZone (lease through Jan 2028) and Dollar General (lease through Nov 2028) Investment Highlights: • Highly visible corner with 36,113 cars/day (COA) and strong frontage/ingress-egress • 2.71-acre site offers flexible redevelopment options: retail, mixed-use, or big-box repositioning • Existing national-tenant leases provide near-term income, with future expirations creating value-add potential • Strategically positioned to capture loyalty from the surrounding regional retail corridor and evolving consumer demand Retail / Trade Area situated in stable Amarillo retail corridor anchored by national and regional retailers, including: • Wolflin Village & Wolflin Square • Home Depot, Walmart Supercenter • Chick-fil-A, Cane’s, Panda Express, Starbucks, Scooter Coffee • Dollar Tree, Dollar General, Aaron’s Rent-A-Center • Coronado & Westhaven Shopping Centers • AutoZone Distribution Center Ideal Uses: • Single-user redevelopment (big-box or grocer) • Multi-tenant retail center (strip or power center) • Mixed-use (retail + office/residential) leveraging future tenant rollover • Value-add land play: acquire, hold existing cash flow, reposition upon lease maturity

FOR SALE DETAILS

PRICE

$3,541,428 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

34th & Georgia

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.71 AC

LAND SF

118,048 SF

ZONING

General Retail

APN/PARCEL ID

R-078-1000-0400-0

ASK ABOUT THIS PROPERTY

Jared DuncanColdwell Banker First EquityMore Info
806-468-4899

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Jared DuncanColdwell Banker First EquityMore Info
806-468-4899

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