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12828 Interstate 27 8,620 SF 100% Leased Flex Building Amarillo, TX 79119 $5,276,578 CAD ($612.13 CAD/SF) 6.51% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NNN Lease - Minimal landlord responsibilities
  • Lease Term - Tenant recently executed new, 10-year NNN lease with 3, 5-year options and 3% annual escalations
  • New Construction - The property was built in 2019 and and subsequently renovated in 2024 to suit H&E
  • National Credit Tenant
  • Strategic Location - The property has excellent accessibility (access to I-27, Loop 335 E, & Hereford Hwy)

EXECUTIVE SUMMARY

12828 I-27 in Amarillo, TX presents a compelling single-tenant net lease investment opportunity. Situated on a 3.22-acre lot, the property is occupied by H&E Equipment Services, a reputable, nationally recognized credit tenant. H&E has recently entered into a new, 10-year NNN lease, ensuring stable and predictable income for a qualified investor. This opportunity combines the security of a long-term lease with the reliability of a well-established tenant, making it an attractive addition to any real estate portfolio.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $5,276,578 CAD
Price Per SF $612.13 CAD
Sale Type Investment NNN
Cap Rate 6.51%
Property Type Flex
Property Subtype
Showroom
  • Industrial Distribution
Building Class B
Lot Size 3.22 AC
Rentable Building Area 8,620 SF
No. Stories 1
Year Built 2019

AMENITIES

  • Fenced Lot
  • Signage
  • Yard
  • Storage Space

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • H&E Equipment Services
  • Construction
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
H&E Equipment Services Construction 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-044-8590-0500
Land Assessment
$138,820 CAD
Improvements Assessment
$1,621,748 CAD
Total Assessment
$1,760,567 CAD
  • Listing ID: 33626617

  • Date on Market: 2024-10-24

  • Last Updated:

  • Address: 12828 Interstate 27, Amarillo, TX 79119

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