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7426 Pennsylvania Dr 6,414 SF 100% Leased Office Building Amarillo, TX 79119 $2,754,954 CAD ($429.52 CAD/SF) 7.50% Cap Rate
Executive Summary
7426 & 7428 Pennsylvania presents an exceptional investment opportunity in the highly desirable Colonies subdivision of Southwest Amarillo. This multi-tenant office building offers strong in-place income with solid credit tenants and is being offered at an attractive 7.5% CAP rate. Ideally positioned in one of Amarillo’s premier office corridors, the property benefits from excellent visibility, convenient access, and ample on-site parking.
The building is well-suited for investors seeking a stable, professionally maintained asset in a high-demand Southwest Amarillo location surrounded by established office, retail, and upscale residential development. With quality tenancy already in place, this is a compelling opportunity to acquire a well-located income-producing property with long-term investment appeal.
7428 Pennsylvania Dr. 2,223 SF
Tenant: LPL Financial, LLC
7426 Pennsylvania Dr. 4,191 SF (3) tenants
Suite 100 - Commonwealth Title (1,500sq ft)
Suite 200 - PrimeLending (1,255sq ft)
Suite 300 - Sono Bello (1,426sq ft)
The building is well-suited for investors seeking a stable, professionally maintained asset in a high-demand Southwest Amarillo location surrounded by established office, retail, and upscale residential development. With quality tenancy already in place, this is a compelling opportunity to acquire a well-located income-producing property with long-term investment appeal.
7428 Pennsylvania Dr. 2,223 SF
Tenant: LPL Financial, LLC
7426 Pennsylvania Dr. 4,191 SF (3) tenants
Suite 100 - Commonwealth Title (1,500sq ft)
Suite 200 - PrimeLending (1,255sq ft)
Suite 300 - Sono Bello (1,426sq ft)
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,414 SF
Building Class
A
Year Built
2023
Price
$2,754,954 CAD
Price Per SF
$429.52 CAD
Cap Rate
7.50%
NOI
$206,594 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,414 SF
Building FAR
0.25
Lot Size
0.59 AC
Zoning
Office
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R-009-1683-3000-0 | Improvements Assessment | $5,079,269 CAD |
| Land Assessment | $799,394 CAD | Total Assessment | $5,878,664 CAD |
Property Taxes
Parcel Number
R-009-1683-3000-0
Land Assessment
$799,394 CAD
Improvements Assessment
$5,079,269 CAD
Total Assessment
$5,878,664 CAD
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7426 Pennsylvania Dr
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