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Southtree Shopping Center 58th & Western St 2,500 - 14,156 SF of Retail Space Available in Amarillo, TX 79110
HIGHLIGHTS
- Surrounded by dense residential neighborhoods and top national retailers
- High-visibility center sits on a 360° corner
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 8,656 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $129,840 /YR $10,820 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste B | 2,500 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $37,500 /YR $3,125 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste C | 3,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $45,000 /YR $3,750 /MO | Triple Net (NNN) |
1st Floor, Ste A
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste C
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 14,156 SF | Gross Leasable Area | 19,436 SF |
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Supermarket | Parking Ratio | 5.2/1,000 SF |
| Total Space Available | 14,156 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 19,436 SF |
| Year Built | 1985 |
| Parking Ratio | 5.2/1,000 SF |
ABOUT THE PROPERTY
Now Leasing | Prime Retail Space Available Southtree Shopping Center offers a leasing opportunity in one of Amarillo’s high-traffic intersections. Located at the NEC of Western Street and 58th Avenue, this high-visibility center sits on a 360° corner, surrounded by dense residential neighborhoods and top national retailers. With new ownership and a fresh vision, Southtree is actively leasing multiple retail spaces, ideal for a variety of tenants looking to join Locke Supply, the center’s newly established anchor tenant. Property Highlights: • New ownership – spaces ready for immediate lease • Prime corner location with full access and visibility from both Western St. & 58th Ave • High traffic area with strong local draw and 27,119 cars per day (COA) at 58th & Western • Surrounded by major national brands including McDonald’s, Chick-fil-A, Starbucks, and Walmart Neighborhood Market (less than 1 mile east) • Dense surrounding residential population ensures steady, local customer base • Ideal for retail, service, medical, food-service, or neighborhood-focused businesses • $12.00-$15.00 SF/yr • NNN: $3.25 psf (estimated)
- Signage
NEARBY MAJOR RETAILERS
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Southtree Shopping Center | 58th & Western St
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