1600 S Western St
Amarillo, TX 79106
Retail Property For Sale

Walgreens | 8.75 CAP | Amarillo, TX | Solid Sales Pharma Property Group has been retained as exclusive agent and is pleased to offer investors the opportunity to acquire a net leased Walgreens in Amarillo, TX. This Walgreens store has 3 years left on the initial lease term with eight (5-year) options to follow. Next option begins June 1, 2020. Property to be delivered free and clear of debt. Landlord is responsible for roof and structure. The subject property is located in the main retail corridor of Amarillo just a half mile north of Interstate 40. Across the street is located Sunset Center, a 295,987 square foot retail center. Just one half mile south of the subject property is located Western Crossings, a 167,600 square foot retail shopping center anchored by tenants such as Burlington Coat Factory, Michaels and PetCo. The subject property is surrounded by residential neighborhoods and Amarillo has a strong healthcare system with large medical facilities such as the Northwest Texas Healthcare System, a 495-bed academic teaching facility and lead trauma center and emergency services providing care for the region. Another hospital in the area is the BSA Health System with approximately 3,400 employees and 450 physicians, the fourth largest employer of Amarillo. Listed in association with William Lee Russell TX DRE Lic. 0361025