8275 W Amarillo Blvd - Movie Theatre FOR SALE
Amarillo, TX 79124 |
8275 W Amarillo Blvd
Amarillo, TX 79124
HIGHLIGHTS
- Ideal site for redevelopment; 10.61 acres near a high concentration of hospitality and retailers, including SpringHill Suites, and Chick-fil-A.
- Located between signalized intersections for Route 66 and I-40, with over 17,000 VPD, and visible to traffic along I-40, estimated at 96,000 VPD.
- No new inventory is under construction in the metro, resulting in no pressure from the supply pipeline.
- Robust retail market with consistent rent growth, increasing an average of 3.2% annually over the past three years.
- Just across I-40 is the Westgate Mall, a popular shopping destination and major traffic driver to the area.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Former Regal Theater
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Movie Theatre
TOTAL BUILDING SIZE
83422
STORIES
2
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
629
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R-005-7540-0465-0
