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1600 S Western St
Amarillo, TX 79106
Walgreens Texas | Option Exercised | $3.6M · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • STABLE INCOME - Income guaranteed by Walgreens corporation (S&P BBB-) investment grade Fortune 500 Company with ±9,277 locations.
  • STRONG MEDICAL CORRIDOR WITHIN A 3-MILE RADIUS - Several medical facilities nearby including Northwest Texas Hospital.
  • RECENTLY EXERCISED OPTION - Walgreens recently exercised its option showing commitment to this location.
  • RETAIL CORRIDOR OF ±6,600,000 SQUARE FEET WITHIN A 4-MILE RADIUS - Across the street from Sunset center and half a mile from Western Crossings.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
15,036 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.87 AC
Zoning
PD - PD for General Retail
Parking
65 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
279’ on Plains

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-001-0300-0150-0
Land Assessment
$488,743
Improvements Assessment
$811,257
Total Assessment
$1,300,000
  • Listing ID: 19561041

  • Date on Market: 5/15/2020

  • Last Updated:

  • Address: 1600 S Western St, Amarillo, TX 79106

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