2700 S Western St
Amarillo, TX 79109
Olsen Plaza · Office Property For Sale

Fully Leased Medical Office Condo with 9.66% Cap Rate - Prime Investment Opportunity We are pleased to present a rare opportunity to acquire a well-maintained, fully leased medical office building located in a high-demand area of Amarillo, TX. Built in 1986 and thoughtfully remodeled in 1996, this property offers a modern, turn-key investment with an attractive 9.66% cap rate. Key Features: 100% Occupied: The building is fully leased to a single high-quality medical tenant, ensuring consistent rental income and long-term stability. 9.66% Cap Rate: This property offers a competitive cap rate, making it an attractive investment for buyers seeking strong returns. Strategic Location: Positioned in a prime medical corridor, the building benefits from high visibility and easy access to major highways, public transportation, and abundant parking for tenants and patients. Total Building Area: 2290 Square Feet Recent Renovations: The building underwent significant remodeling in 1996 and 2017, enhancing the interior finishes, common areas, and systems, including HVAC, plumbing, and electrical, to meet modern standards and provide a comfortable environment for medical professionals. Proven Income Stream: The building's fully leased status with reliable, long-term tenants makes it a low-risk, high-reward investment with strong cash flow potential. Well-Established Medical Tenant Base: Within a well-established office park home to a variety of medical practices and other businesses, the building is a key part of the area's healthcare infrastructure, attracting a steady flow of patients. This property offers a rare combination of a high-cap rate, full occupancy, and a prime location in the healthcare market, making it an ideal addition to any investment portfolio. For more information or to schedule a tour, please contact us today!