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Ross Business Center 3 Office Properties Offered at $8,863,815 in Amarillo, TX
Investment Highlights
- 100% occupied by six established tenants, providing immediate in-place cash flow.
- Diverse tenant roster representing healthcare, non-profit, insurance, retail, and property management sectors.
- Located within an established retail and service hub near Sam's Club, national restaurants, hotels, and major employers.
- Long-term lease profile with expirations ranging from 2027 to 2033 and approximately 5.5 years of average remaining term.
- Strategically positioned near Interstate 40 with convenient access to Amarillo's primary commercial corridor.
- Ample on-site parking and strong regional accessibility serving a trade area spanning 26 Texas Panhandle counties.
Executive Summary
Ross Business Center is a fully stabilized, 100% leased multi-tenant commercial
campus located at 1200 & 1212 Ross Street and 1700 SE 12th Avenue in
Amarillo, Texas.
The three-building complex spans 72,959 SF across three adjoining parcels and is
anchored by six established tenants with leases extending through 2027–2033.
The campus has undergone extensive capital improvements under current
ownership, including a new TPO roof system and building-wide renovations,
significantly reducing near-term capex risk.
Offered at $8,863,815 (7.5% cap rate, $121.49/SF) — day-one stabilized cash flow
with zero near-term rollover risk.
campus located at 1200 & 1212 Ross Street and 1700 SE 12th Avenue in
Amarillo, Texas.
The three-building complex spans 72,959 SF across three adjoining parcels and is
anchored by six established tenants with leases extending through 2027–2033.
The campus has undergone extensive capital improvements under current
ownership, including a new TPO roof system and building-wide renovations,
significantly reducing near-term capex risk.
Offered at $8,863,815 (7.5% cap rate, $121.49/SF) — day-one stabilized cash flow
with zero near-term rollover risk.
Property Facts
| Price | $8,863,815 | Number of Properties | 3 |
| Price / SF | $123.40 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 71,829 SF |
| Sale Type | Investment | Total Land Area | 9.28 AC |
| Status | Active |
| Price | $8,863,815 |
| Price / SF | $123.40 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 71,829 SF |
| Total Land Area | 9.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1212 Ross St, Amarillo, TX 79102 | Office | 34,537 SF | 1980 | - |
| 1211 Ross St, Amarillo, TX 79102 | Office | 25,696 SF | 1983 | - |
| 1200 Ross St, Amarillo, TX 79102 | Office | 11,596 SF | 1978 | - |
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Ross Business Center
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