4104 W Interstate 40 - Freestanding FOR SALE


Amarillo, TX 79102
$3,136,000 USD
415-852-5177
4104 W Interstate 40, Amarillo, TX for Sale
$3,136,000 USD
Freestanding - FOR SALE
1/9
null | 7% Cap Rate

4104 W Interstate 40
Amarillo, TX 79102


HIGHLIGHTS

  • Absolute NNN Lease with No Landlord Management, ideal for an out of area investor
  • 8% rental increases every five (5) years, providing a stable long-term income generator
  • Best Choice Restaurants, LLC currently operates 73 McAlister’s Deli restaurants with more currently in development
  • Prominent location along Interstate 40 with exposure to nearly 90,000 vehicles per day passing directly in front of the site
  • Less than 3 miles from Amarillo College, home to more than 9,100 students
  • 165,744 residents live within five miles of the site, creating a stable customer base for this property

OVERVIEW

Excellent Interstate 40 Frontage: Located along W I-40 Frontage Road with exposure to the nearly 90,000 daily vehicles traveling along Interstate 40. Reliable Customer Base: Prime location directly across from Tascosa High School, home to more than 2,000 students. Exceptional Visibility and Access: This McAlister’s Deli is located near the signalized hard corner of S Western Street and Wolflin Avenue, which experiences a combined traffic count of 25,246 vehicles per day. High Growth Area: Projected 11+% average annual household income increases within 1-, 3-, and 5-mile radii of the site in the next four years, poising McAlister’s Deli and Amarillo for significant concurrent growth. Strong Population Demographics: Within a five-mile radius of the site the population count is 165,744, supported by an AAHI of $90,791.High-Quality Construction: Built in 2014, the property features a drive-thru lane and pick-up window for take-out orders made online or via phone for added customer convenience.

FOR SALE DETAILS

PRICE

$3,136,000 USD

PRICE/SF

$800 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McAlister's Deli

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

GR

APN/PARCEL ID

R-044-5000-2770-0

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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