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2nd-Gen Restaurant | Delivered Vacant 5080 S Coulter St 8,138 SF Retail Building Amarillo, TX 79119 $2,800,000 ($344.06/SF)
Investment Highlights
- Delivered Vacant at Closing | Immediate Owner-User Occupancy or Flexibility to Secure a New Tenant on Custom Terms
- Modern 2017 Construction With Existing Restaurant Infrastructure and an Efficient Site Layout
- Prime South Coulter Street Retail Corridor (±20,480 VPD), Adjacent to Walmart Supercenter and Lowe's
- Offered at $2,800,000 ($344/SF), a Significant Discount to Estimated Replacement Cost
- Large ±1.95-Acre Parcel With Ample Parking, Future Adaptability, and Strong Residual Land Value
- Strong Trade Area Demographics: 73,371 Residents and $118,434 Average Household Income Within 3 Miles
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire a freestanding ±8,138-square-foot second-generation restaurant on ±1.95 acres at 5080 Coulter St S in Amarillo, Texas. Built in 2017, the property is offered at $2,800,000, or $344 per square foot, a significant discount to estimated replacement cost, and is delivered vacant at closing, giving an owner-user immediate occupancy or an investor the flexibility to secure a new tenant on custom lease terms. The modern building retains existing restaurant infrastructure and a layout suited to full-service, fast-casual, entertainment, or specialty dining concepts, while the large parcel offers ample parking, long-term adaptability, and strong residual land value.
The site sits along South Coulter Street (±20,480 VPD), Amarillo's premier retail corridor, adjacent to Walmart Supercenter and Lowe's and minutes from national retailers and dining destinations. Within three miles the trade area holds 73,371 residents with an average household income of $118,434, and the Amarillo MSA counts roughly 276,145 residents, recently ranked the #1 mid-size U.S. city for projected growth by USA Today in 2025. Major corridor projects, including the $133 million Loop 335 Segment C-1 freeway upgrade and the Coulter Road Extension, will further improve access. With modern construction, a high-growth corridor, and below-replacement-cost pricing, the asset offers durable fundamentals and clear value-add upside.
The site sits along South Coulter Street (±20,480 VPD), Amarillo's premier retail corridor, adjacent to Walmart Supercenter and Lowe's and minutes from national retailers and dining destinations. Within three miles the trade area holds 73,371 residents with an average household income of $118,434, and the Amarillo MSA counts roughly 276,145 residents, recently ranked the #1 mid-size U.S. city for projected growth by USA Today in 2025. Major corridor projects, including the $133 million Loop 335 Segment C-1 freeway upgrade and the Coulter Road Extension, will further improve access. With modern construction, a high-growth corridor, and below-replacement-cost pricing, the asset offers durable fundamentals and clear value-add upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,138 SF
Building Class
C
Year Built
2017
Price
$2,800,000
Price Per SF
$344.06
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.94 AC
Zoning
General Retail - General Retail
Parking
136 Spaces (16.71 Spaces per 1,000 SF Leased)
Frontage
217’ on Coulter Street
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-009-1683-7050 | Improvements Assessment | $1,682,967 |
| Land Assessment | $763,398 | Total Assessment | $2,446,365 |
Property Taxes
Parcel Number
R-009-1683-7050
Land Assessment
$763,398
Improvements Assessment
$1,682,967
Total Assessment
$2,446,365
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2nd-Gen Restaurant | Delivered Vacant | 5080 S Coulter St
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