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22 Care Circle 5,006 SF Office Building Amarillo, TX 79124 $1,276,520 CAD ($255.00 CAD/SF) 8% Cap Rate
Executive Summary
Rare opportunity to acquire a fully leased, single-tenant net lease investment featuring a corporate-backed tenant in a well-established medical/professional corridor. The property is offered at $940,000, representing an 8.00% cap rate with stable, in-place income and minimal landlord responsibility.
Strategically located within a high-demand healthcare and office corridor, this asset offers dependable income, built-in rental growth, and a straightforward, low-management ownership
structure.
Strategically located within a high-demand healthcare and office corridor, this asset offers dependable income, built-in rental growth, and a straightforward, low-management ownership
structure.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,006 SF
Building Class
B
Year Built
2004
Price
$1,276,520 CAD
Price Per SF
$255.00 CAD
Cap Rate
8%
NOI
$102,122 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,006 SF
Building FAR
0.21
Lot Size
0.55 AC
Zoning
HC
Parking
32 Spaces (6.39 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R-005-7540-0440-0 | Improvements Assessment | $1,048,069 CAD |
| Land Assessment | $97,604 CAD | Total Assessment | $1,145,673 CAD |
Property Taxes
Parcel Number
R-005-7540-0440-0
Land Assessment
$97,604 CAD
Improvements Assessment
$1,048,069 CAD
Total Assessment
$1,145,673 CAD
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22 Care Circle
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