Your email has been sent.
Belmar Office Complex 3321 Bell St 6,885 SF 71% Leased Office Building Amarillo, TX 79106 $475,000 ($68.99/SF) 6.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Intersection of 34th & Bell, easy access to Amarillo’s most active commercial corridor
- Existing vacancy allows owner to occupy part of the building while benefiting from rental income
- Value-add potential through lease-up; strong returns in a supply-constrained office market
- NOI $33,302 (current); projected $60,000 at stabilized occupancy
EXECUTIVE SUMMARY
Currently 71% occupied, the building generates an NOI of $33,302, with significant upside potential through lease-up. At a stabilized 95% occupancy, the projected NOI increases to approximately $60,000, creating a compelling value-add opportunity for investors seeking strong returns in a supply-constrained office market.
For an owner-user, the existing vacancy provides an excellent chance to occupy a portion of the building while benefiting from rental income generated by the existing tenants.
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Nice Flexible Office Space at Affordable Prices with diverse layouts to suit your needs. From solopreneur to growing team. Our modern office space caters to all. Office building situated on the corner of Bell and 34th Street, with easy access to I-40 and a network of major streets, puts your business within easy reach of clients, partners, and top talent.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste D | 1,443 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste D
| Size |
| 1,443 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste D
| Size | 1,443 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Nice Flexible Office Space at Affordable Prices with diverse layouts to suit your needs. From solopreneur to growing team. Our modern office space caters to all. Office building situated on the corner of Bell and 34th Street, with easy access to I-40 and a network of major streets, puts your business within easy reach of clients, partners, and top talent.
PROPERTY TAXES
| Parcel Number | R-061-1200-8975-0 | Improvements Assessment | $134,134 |
| Land Assessment | $28,967 | Total Assessment | $163,101 |
PROPERTY TAXES
Presented by
Belmar Office Complex | 3321 Bell St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.