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Furr's Family Dining 2221 S Soncy Rd 12,514 SF Retail Building Amarillo, TX 79124 $5,292,540 CAD ($422.93 CAD/SF)
Investment Highlights
- LARGE LOT SIZE: The property sits on a ±2.03 acre lot that provides sufficient area for parking and any future expansion opportunities.
- STRONG DEMOGRAPHICS: The property is strategically positioned in a thriving trade area, with a population exceeding 116,471 within a ±5-mile radius.
- INCOME TAX FREE STATE: Texas’ status as an income tax free state enhances the property’s investment appeal by reducing the tax burden.
- STRATEGIC POSITIONING: Situated along South Soncy Road, a major retail corridor in Amarillo, the property benefits from high visibility and accessibil
- SITUATED RIGHT NEXT TO INTERSTATE 40: The property sits within 300 feet from Interstate 40, which see’s ±53,900 vehicles per day (VPD).
- INCREASED FOOT TRAFFIC: The concentration of multiple hotels, two major hospitals, and Westgate Mall.
Executive Summary
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,514 SF
Building Class
C
Year Built
2007
Price
$5,292,540 CAD
Price Per SF
$422.93 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.03 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
VNB is a multi-concept operator of independent restaurant brands, based in San Antonio, Texas. Currently, VNB is comprised of approximately 4.700 total employees across virtually every discipline of restaurant operations and management. Since inception, VNB has opened and/or acquired close to 700 units across 18 brands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-005-7540-1750-0 | Improvements Assessment | $2,405,216 CAD |
| Land Assessment | $1,554,908 CAD | Total Assessment | $3,960,124 CAD |
Property Taxes
Parcel Number
R-005-7540-1750-0
Land Assessment
$1,554,908 CAD
Improvements Assessment
$2,405,216 CAD
Total Assessment
$3,960,124 CAD
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Furr's Family Dining | 2221 S Soncy Rd
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