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3101 S Western St
Amarillo, TX 79109
31st Plaza · Retail Property For Sale
Investment Highlights
- Historically high occupancy and stable income from a complimentary mix of national and locally based service-oriented tenants.
- ±27% of the gross leasable area (GLA) has national tenants and ±25% of the GLA has triple-net leases.
- Significant value-add opportunity with current average rents below market rates or potential redevelopment opportunity.
- High traffic area with optimal visibility, excellent accessibility, and direct access to I-40 via Exit 67 with over 88,700 vehicles per day.
Property Facts
Property Type
Retail
Building Size
39,622 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.05
Lot Size
0.87 AC
Zoning
LC
Parking
104 Spaces (2.62 Spaces per 1,000 SF Leased)
Frontage
640’ on WESTERN ST
Property Taxes
| Parcel Number | R-044-5000-1340-0 | Improvements Assessment | $408,040 |
| Land Assessment | $322,083 | Total Assessment | $730,123 |
Property Taxes
Parcel Number
R-044-5000-1340-0
Land Assessment
$322,083
Improvements Assessment
$408,040
Total Assessment
$730,123
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