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McAlister's Deli 4104 W Interstate 40 4,339 SF Retail Building Amarillo, TX 79102 $2,744,000 ($632.40/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with No Landlord Management, ideal for an out of area investor
  • Best Choice Restaurants, LLC currently operates 73 McAlister’s Deli restaurants with more currently in development
  • Less than 3 miles from Amarillo College, home to more than 9,100 students
  • 8% rental increases every five (5) years, providing a stable long-term income generator
  • Prominent location along Interstate 40 with exposure to nearly 90,000 vehicles per day passing directly in front of the site
  • 165,744 residents live within five miles of the site, creating a stable customer base for this property

EXECUTIVE SUMMARY

Excellent Interstate 40 Frontage: Located along W I-40 Frontage Road with exposure to the nearly 90,000 daily vehicles traveling along Interstate 40. Reliable Customer Base: Prime location directly across from Tascosa High School, home to more than 2,000 students. Exceptional Visibility and Access: This McAlister’s Deli is located near the signalized hard corner of S Western Street and Wolflin Avenue, which experiences a combined traffic count of 25,246 vehicles per day. High Growth Area: Projected 11+% average annual household income increases within 1-, 3-, and 5-mile radii of the site in the next four years, poising McAlister’s Deli and Amarillo for significant concurrent growth. Strong Population Demographics: Within a five-mile radius of the site the population count is 165,744, supported by an AAHI of $90,791.High-Quality Construction: Built in 2014, the property features a drive-thru lane and pick-up window for take-out orders made online or via phone for added customer convenience.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,339 SF
Building Class
C
Year Built
2014
Price
$2,744,000
Price Per SF
$632.40
Cap Rate
8%
NOI
$219,520
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.06 AC
Zoning
GR - General Retail
Parking
34 Spaces (8.06 Spaces per 1,000 SF Leased)
Frontage
352’ on Interstate 40 Frontage Ro

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,216 SF
  • Restaurant
  • -
  • Now

This property is strategically located in a robust and growing retail corridor in Amarillo, benefiting from a high-density customer base. The site is across the street from Tascosa High School (± 2,000+ students and staff), providing a reliable daytime and after-school customer flow. The surrounding area features a strong residential presence and is supported by numerous national retailers, dining establishments, and services. The population within a five-mile radius is approximately 165,744, with projected household income increases, positioning the area for significant commercial growth. The location offers easy access to major parts of Amarillo.

Space Size Space Use Position Available
1st Floor 4,216 SF Restaurant - Now

1st Floor

Size
4,216 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 4,216 SF
Space Use Restaurant
Position -
Available Now

This property is strategically located in a robust and growing retail corridor in Amarillo, benefiting from a high-density customer base. The site is across the street from Tascosa High School (± 2,000+ students and staff), providing a reliable daytime and after-school customer flow. The surrounding area features a strong residential presence and is supported by numerous national retailers, dining establishments, and services. The population within a five-mile radius is approximately 165,744, with projected household income increases, positioning the area for significant commercial growth. The location offers easy access to major parts of Amarillo.

NEARBY MAJOR RETAILERS

7 Brew Coffee
IHOP
Cheddar's Scratch Kitchen
Olive Garden
Rudy's BBQ
McAlister's Deli
Rosa's Cafe Tortilla Factory
Waffle House
Chili's Grill & Bar
Red Lobster

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-044-5000-2770-0
Land Assessment
$646,430
Improvements Assessment
$679,455
Total Assessment
$1,325,885
  • Listing ID: 36028554

  • Date on Market: 5/29/2025

  • Last Updated:

  • Address: 4104 W Interstate 40, Amarillo, TX 79102

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