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1392 US-60 10,640 SF Retail Building Panhandle, TX 79068 $450,000 ($42.29/SF)
Investment Highlights
- Vent hood and grease trap installed
- Large pole signage
- Restaurant-ready setup
- Excellent branding visibility from the road
Executive Summary
Formerly a thriving & renovated Dairy Queen, this building is well-equipped for a variety of business uses, with infrastructure in place to support a restaurant, café, retail space, or mixed-use concept.
The former Dairy Queen is positioned along the main highway corridor through town, providing direct access and visibility to both local and passing traffic. Surrounding businesses include Dollar General, CEFCO convenience store, Sonic Drive-In, Subway, Happy State Bank, and the Family Care Clinic, creating a steady flow of activity in the immediate area. Panhandle also benefits from traffic generated by Pantex, a large government facility east of Amarillo with a workforce of highly paid employees, many of whom live in Panhandle or travel into town for lunch and services.
The former Dairy Queen is positioned along the main highway corridor through town, providing direct access and visibility to both local and passing traffic. Surrounding businesses include Dollar General, CEFCO convenience store, Sonic Drive-In, Subway, Happy State Bank, and the Family Care Clinic, creating a steady flow of activity in the immediate area. Panhandle also benefits from traffic generated by Pantex, a large government facility east of Amarillo with a workforce of highly paid employees, many of whom live in Panhandle or travel into town for lunch and services.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
10,640 SF
Building Class
C
Year Built
2023
Price
$450,000
Price Per SF
$42.29
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.06 AC
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 01032-00020-00000-000000 | Improvements Assessment | $0 |
| Land Assessment | $12,670 | Total Assessment | $12,670 |
Property Taxes
Parcel Number
01032-00020-00000-000000
Land Assessment
$12,670
Improvements Assessment
$0
Total Assessment
$12,670
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1392 US-60