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4 Medical Dr
Amarillo, TX 79106
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Income-Producing Investment Property
- 8.08% NOI Based on 2024 Financials
- Fully Leased, Multi-Tenant Asset
EXECUTIVE SUMMARY
Income-Producing Investment Property
Property Highlights:
• Fully Leased, Multi-Tenant Asset
• Strong In-Place Leases
• 8.08% NOI Based on 2024 Financials
Excellent opportunity to acquire an income-generating investment property with three established tenants. Two tenants have 5-year leases, and the third tenant has been there 11 years with a 3-year extension.
Based on 2024 income and expenses, the Net Operating Income is 8.08%.
Whether you’re looking to expand your holdings or diversify, this property offers strong lease terms, solid tenants, and dependable returns.
Property Highlights:
• Fully Leased, Multi-Tenant Asset
• Strong In-Place Leases
• 8.08% NOI Based on 2024 Financials
Excellent opportunity to acquire an income-generating investment property with three established tenants. Two tenants have 5-year leases, and the third tenant has been there 11 years with a 3-year extension.
Based on 2024 income and expenses, the Net Operating Income is 8.08%.
Whether you’re looking to expand your holdings or diversify, this property offers strong lease terms, solid tenants, and dependable returns.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,797 SF
Building Class
B
Year Built
1978
Price
$819,791 CAD
Price Per SF
$170.90 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,797 SF
Building FAR
0.23
Lot Size
0.48 AC
Zoning
O-2 - Office District 2
Parking
48 Spaces (10.01 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R-044-9220-1000-0 | Improvements Assessment | $397,524 CAD |
| Land Assessment | $86,424 CAD | Total Assessment | $483,948 CAD |
PROPERTY TAXES
Parcel Number
R-044-9220-1000-0
Land Assessment
$86,424 CAD
Improvements Assessment
$397,524 CAD
Total Assessment
$483,948 CAD
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