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3706 Mockingbird Ln 3706 Mockingbird Ln 5,956 SF 67% Leased Office Building Amarillo, TX 79109 $890,766 CAD ($149.56 CAD/SF) 7.38% Cap Rate



Investment Highlights
- Income Producing: 4,000 sf currently leased
- Parking: 20 Total Spaces (includes 4 covered)
- Amenities: 5 restrooms, breakroom and 2 garage spaces
- Layout: 11 Total Offices (incl. 2 Executive) + 2 Conference
- Recent Upgrades: New 5-ton HVAC (2025)
Executive Summary
Premier Investment & Owner-User Opportunity | 3706 Mockingbird, Amarillo, TX
Unlock a rare "best of both worlds" scenario in the center of Amarillo. Whether you are an investor looking for a stabilized asset or an owner-user seeking a prestigious headquarters with built-in supplemental income, 3706 Mockingbird delivers unmatched versatility and scale. A significant portion of the building—4,000 square feet—is currently leased, providing immediate cash flow from day one. For the Investor: Benefit from a stabilized tenant base in a submarket known for its professional density. For the Owner-User: Occupy the remaining 1,956+ square feet for your own operations while the existing lease helps offset your mortgage, taxes, and insurance.
Built in 1971 and well maintained this 5,956 square foot office offers the following features:
Workspaces: 9 private offices, 2 executive suites, and 2 large conference rooms.
Amenities: 5 restrooms, an employee breakroom and an outdoor covered patio.
Climate Control: Three HVAC units ensure zoned comfort. The primary 5-ton unit was newly replaced in 2025, significantly reducing near-term CapEx for the new owner.
Parking & Expansion: A total of 20 parking spaces (16 open, 4 covered). The property includes two garages that offer a unique "value-add" opportunity—they are primed to be converted back into additional office or specialized workspace if needed.
Properties of this size with existing lease income rarely hit the Amarillo market. With the recent 2025 HVAC upgrade and the flexibility to expand into the garage spaces, 3706 Mockingbird is a turnkey solution for a growing firm or a savvy addition to a commercial portfolio.
Unlock a rare "best of both worlds" scenario in the center of Amarillo. Whether you are an investor looking for a stabilized asset or an owner-user seeking a prestigious headquarters with built-in supplemental income, 3706 Mockingbird delivers unmatched versatility and scale. A significant portion of the building—4,000 square feet—is currently leased, providing immediate cash flow from day one. For the Investor: Benefit from a stabilized tenant base in a submarket known for its professional density. For the Owner-User: Occupy the remaining 1,956+ square feet for your own operations while the existing lease helps offset your mortgage, taxes, and insurance.
Built in 1971 and well maintained this 5,956 square foot office offers the following features:
Workspaces: 9 private offices, 2 executive suites, and 2 large conference rooms.
Amenities: 5 restrooms, an employee breakroom and an outdoor covered patio.
Climate Control: Three HVAC units ensure zoned comfort. The primary 5-ton unit was newly replaced in 2025, significantly reducing near-term CapEx for the new owner.
Parking & Expansion: A total of 20 parking spaces (16 open, 4 covered). The property includes two garages that offer a unique "value-add" opportunity—they are primed to be converted back into additional office or specialized workspace if needed.
Properties of this size with existing lease income rarely hit the Amarillo market. With the recent 2025 HVAC upgrade and the flexibility to expand into the garage spaces, 3706 Mockingbird is a turnkey solution for a growing firm or a savvy addition to a commercial portfolio.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,956 SF
Building Class
B
Year Built/Renovated
1971/1996
Price
$890,766 CAD
Price Per SF
$149.56 CAD
Cap Rate
7.38%
NOI
$65,780 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,956 SF
Building FAR
0.33
Lot Size
0.42 AC
Zoning
GR - General Retail
Parking
20 Spaces (3.36 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R-044-4800-2240.2 | Total Assessment | $395,161 CAD |
| Land Assessment | $62,661 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $332,500 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R-044-4800-2240.2
Land Assessment
$62,661 CAD
Improvements Assessment
$332,500 CAD
Total Assessment
$395,161 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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3706 Mockingbird Ln | 3706 Mockingbird Ln
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