5080 S Coulter St - Restaurant FOR SALE


Amarillo, TX 79119
$2,800,000 USD
408-510-9057
5080 S Coulter St, Amarillo, TX for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

5080 S Coulter St
Amarillo, TX 79119


HIGHLIGHTS

  • Delivered Vacant at Closing | Immediate Owner-User Occupancy or Flexibility to Secure a New Tenant on Custom Terms
  • Offered at $2,800,000 ($344/SF), a Significant Discount to Estimated Replacement Cost
  • Modern 2017 Construction With Existing Restaurant Infrastructure and an Efficient Site Layout
  • Large ±1.95-Acre Parcel With Ample Parking, Future Adaptability, and Strong Residual Land Value
  • Prime South Coulter Street Retail Corridor (±20,480 VPD), Adjacent to Walmart Supercenter and Lowe's
  • Strong Trade Area Demographics: 73,371 Residents and $118,434 Average Household Income Within 3 Miles

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding ±8,138-square-foot second-generation restaurant on ±1.95 acres at 5080 Coulter St S in Amarillo, Texas. Built in 2017, the property is offered at $2,800,000, or $344 per square foot, a significant discount to estimated replacement cost, and is delivered vacant at closing, giving an owner-user immediate occupancy or an investor the flexibility to secure a new tenant on custom lease terms. The modern building retains existing restaurant infrastructure and a layout suited to full-service, fast-casual, entertainment, or specialty dining concepts, while the large parcel offers ample parking, long-term adaptability, and strong residual land value. The site sits along South Coulter Street (±20,480 VPD), Amarillo's premier retail corridor, adjacent to Walmart Supercenter and Lowe's and minutes from national retailers and dining destinations. Within three miles the trade area holds 73,371 residents with an average household income of $118,434, and the Amarillo MSA counts roughly 276,145 residents, recently ranked the #1 mid-size U.S. city for projected growth by USA Today in 2025. Major corridor projects, including the $133 million Loop 335 Segment C-1 freeway upgrade and the Coulter Road Extension, will further improve access. With modern construction, a high-growth corridor, and below-replacement-cost pricing, the asset offers durable fundamentals and clear value-add upside.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2nd-Gen Restaurant | Delivered Vacant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

136

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

General Retail

APN/PARCEL ID

R-009-1683-7050

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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