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8101 W I-40
Amarillo, TX 79106
Retail Property For Sale


Investment Highlights
- Prime frontage along Interstate 40 with over 56,000 vehicles passing daily.
- Additional parking available across the street for customer convenience.
- Located at the entrance of Westgate Mall, which draws 225,000 monthly visits.
Executive Summary
Former 5,689 sq.ft Hooters Restaurant site situated on 1.55 Acres. This freestanding former Hooters restaurant offers a fully built-out dining and bar facility positioned along Interstate 40 in Amarillo, Texas. The property spans 5,689 square feet on a 1.55-acre parcel and includes all furniture, fixtures, and equipment (FF&E) in the sale, providing a turnkey opportunity for investors or operators. Located at the entrance of Westgate Mall and adjacent to Target, the site benefits from exceptional visibility and direct ingress/egress to I-40, which sees over 56,000 vehicles per day.
The surrounding trade area is anchored by national retailers such as Best Buy, Kohl’s, and major dining establishments, ensuring strong consumer traffic. According to Placer AI, Westgate Mall attracts approximately 225,000 monthly visits, while nearby grocery and retail destinations add another 110,000 visits monthly. The property is zoned Planned Development, allowing for a variety of commercial uses beyond restaurant operations.
With Amarillo’s growing retail corridor and strong consumer spending in food and beverage—estimated at $77 million annually within a one-mile radius—this asset presents a compelling acquisition for investors seeking a high-visibility location with built-in infrastructure and significant traffic drivers.
The surrounding trade area is anchored by national retailers such as Best Buy, Kohl’s, and major dining establishments, ensuring strong consumer traffic. According to Placer AI, Westgate Mall attracts approximately 225,000 monthly visits, while nearby grocery and retail destinations add another 110,000 visits monthly. The property is zoned Planned Development, allowing for a variety of commercial uses beyond restaurant operations.
With Amarillo’s growing retail corridor and strong consumer spending in food and beverage—estimated at $77 million annually within a one-mile radius—this asset presents a compelling acquisition for investors seeking a high-visibility location with built-in infrastructure and significant traffic drivers.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,689 SF
Building Class
B
Year Built/Renovated
1992/2018
Price
$1,400,000
Price Per SF
$246.09
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.55 AC
Zoning
PD - Planned Development
Parking
40 Spaces (9.94 Spaces per 1,000 SF Leased)
Frontage
406’ on I-40 Hwy
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $674,618 | |
| Land Assessment | $453,895 | Total Assessment | $1,128,513 |
Property Taxes
Parcel Numbers
Land Assessment
$453,895
Improvements Assessment
$674,618
Total Assessment
$1,128,513
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