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600 S Buchanan St 1,205 - 10,363 SF Condo Units Offered at $277,544 - $2,386,877 CAD Per Unit in Amarillo, TX 79101
INVESTMENT HIGHLIGHTS
- Dedicated parking with each condo available with purchase in attached city parking garage
- Close proximity to county courthouse
EXECUTIVE SUMMARY
Introducing the Llano Real Estate Group's latest offering - Class A commercial condos for sale or lease inthe heart of downtown Amarillo's reinvestment center. With an unbeatable location directly across thestreet from the Hodgetown Ballpark and adjacent to the new Potter County Courthouse, thesecommercial spaces are at the epicenter of Amarillo's latest development efforts. Picture being surrounded by the buzz of activity, with Embassy Suites by Hilton and Xcel EnergyHeadquarters right next door. Within a block of the Amarillo Civic Center and the Globe-News Center,your business will thrive in the midst of Amarillo's cultural and business hub. These commercial condominiums are the perfect opportunity for individuals to own a piece of prime reale state in a vibrant and growing area of the city. With shared maintenance and management responsibilities, the burden is distributed among owners, ensuring the longevity and value of the property. Don't miss your chance to be a part of Amarillo's exciting evolution. Contact us today to explore the possibilities offered by these Class A commercial condos, brought to you by Llano Real Estate Group.
DATA ROOM Click Here to Access
- Offering Memorandum
- Miscellaneous
PROPERTY FACTS
AMENITIES
- Restaurant
5 UNITS AVAILABLE
Unit 100
| Unit Size | 2,250 SF | Cap Rate | 11.00% |
| Price | $518,235 CAD | NOI | $57,005.88 CAD |
| Price Per SF | $230.33 CAD | No. Parking Spaces | 6 |
| Condo Use | Office/Retail | Sale Conditions | Build to Suit, Building in Shell Condition |
| Sale Type | Investment or Owner User | APN/Parcel ID | 220209 |
| Unit Size | 2,250 SF |
| Price | $518,235 CAD |
| Price Per SF | $230.33 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.00% |
| NOI | $57,005.88 CAD |
| No. Parking Spaces | 6 |
| Sale Conditions | Build to Suit, Building in Shell Condition |
| APN/Parcel ID | 220209 |
DESCRIPTION
Demising walls are not installed and can be placed to fit business needs. Smallest condo square footage available will be 1205 and the largest condo space could be 10,363.
SALE NOTES
Building A has up to 8 possible units ranging from 1205 square feet to total square feet of building for a purchase of complete building. Building A Store Front width for a 1205 square foot unit will be roughly 26 feet.
Building B has one end cap available and one interior space available. Space square feet will be roughly 2270 square feet pending demising wall location to utilize rear loading doors. Store Front width pre unit will be roughly 42.8 feet.
Building C is a two end cap building with units roughly with units ranging from a minimum of 1250 to 2268 each pending demising wall location. Store Front width for the 1250 unit is roughly 23.5 feet and the larger unit of 2268 will be roughly 42.8 feet of frontage.
Unit 200
| Unit Size | 1,205 SF | Cap Rate | 11.00% |
| Price | $277,544 CAD | NOI | $30,529.82 CAD |
| Price Per SF | $230.33 CAD | No. Parking Spaces | 4 |
| Condo Use | Office/Retail | Sale Conditions | Build to Suit, Building in Shell Condition |
| Sale Type | Investment or Owner User |
| Unit Size | 1,205 SF |
| Price | $277,544 CAD |
| Price Per SF | $230.33 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.00% |
| NOI | $30,529.82 CAD |
| No. Parking Spaces | 4 |
| Sale Conditions | Build to Suit, Building in Shell Condition |
DESCRIPTION
1205 square foot condo
SALE NOTES
Building A has up to 8 possible units ranging from 1205 square feet to total square feet of building for a purchase of complete building. Building A Store Front width for a 1205 square foot unit will be roughly 26 feet.
Building B has one end cap available and one interior space available. Space square feet will be roughly 2270 square feet pending demising wall location to utilize rear loading doors. Store Front width pre unit will be roughly 42.8 feet.
Building C is a two end cap building with units roughly with units ranging from a minimum of 1250 to 2268 each pending demising wall location. Store Front width for the 1250 unit is roughly 23.5 feet and the larger unit of 2268 will be roughly 42.8 feet of frontage.
Unit 300
| Unit Size | 10,363 SF | Cap Rate | 10.91% |
| Price | $2,386,877 CAD | NOI | $260,386.55 CAD |
| Price Per SF | $230.33 CAD | No. Parking Spaces | 28 |
| Condo Use | Office/Retail | Sale Conditions | Build to Suit, Building in Shell Condition |
| Sale Type | Investment or Owner User |
| Unit Size | 10,363 SF |
| Price | $2,386,877 CAD |
| Price Per SF | $230.33 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.91% |
| NOI | $260,386.55 CAD |
| No. Parking Spaces | 28 |
| Sale Conditions | Build to Suit, Building in Shell Condition |
DESCRIPTION
Largest available condo
SALE NOTES
Building A has up to 8 possible units ranging from 1205 square feet to total square feet of building for a purchase of complete building. Building A Store Front width for a 1205 square foot unit will be roughly 26 feet.
Building B has one end cap available and one interior space available. Space square feet will be roughly 2270 square feet pending demising wall location to utilize rear loading doors. Store Front width pre unit will be roughly 42.8 feet.
Building C is a two end cap building with units roughly with units ranging from a minimum of 1250 to 2268 each pending demising wall location. Store Front width for the 1250 unit is roughly 23.5 feet and the larger unit of 2268 will be roughly 42.8 feet of frontage.
Unit 500
| Unit Size | 1,778 SF | Sale Type | Investment or Owner User |
| Price | $683,303 CAD | No. Parking Spaces | 6 |
| Price Per SF | $384.31 CAD | Sale Conditions | 1031 Exchange, Build to Suit |
| Condo Use | Office |
| Unit Size | 1,778 SF |
| Price | $683,303 CAD |
| Price Per SF | $384.31 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 6 |
| Sale Conditions | 1031 Exchange, Build to Suit |
DESCRIPTION
Great corner office adjacent to new Potter Country Courthouse
Unit 600
| Unit Size | 4,851 SF | Sale Type | Investment or Owner User |
| Price | $2,303,268 CAD | Cap Rate | 6.90% |
| Price Per SF | $474.80 CAD | NOI | $159,000.88 CAD |
| Condo Use | Retail | No. Parking Spaces | 24 |
| Unit Size | 4,851 SF |
| Price | $2,303,268 CAD |
| Price Per SF | $474.80 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.90% |
| NOI | $159,000.88 CAD |
| No. Parking Spaces | 24 |
DESCRIPTION
Interior complete and ready to operate
SALE NOTES
Completed in 2020, kitchen is in great condition, with large dining area and huge bar in the center.
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Spice & Saga |
4,851 SF
|
January 2030
|
NEARBY MAJOR RETAILERS
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600 S Buchanan St
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