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20011941
20011942

12177 FM 2590, Amarillo, TX 79119

BT
TX 690582
KW Commercial
Listed by KW Commercial
$2,600,000
637 days on market
Updated 92 days ago

Shops at FM 2590 Amarillo, TX

Details
APN 238870
Property Type Industrial
Sub Type Warehouse
Square Footage 19,200
Units 8
NOI $94,828
Occupancy 100%
Tenancy Multi
Lease Type Modified
Broker Co-Op Yes
Class B
Year Built 2022/2023
Stories 1
Acreage 12.000
Investment Type Stabilized

Industrial | 19,200 SF + ADDITIONAL 9 ACRES

Marketing description

Exceptional commercial listing on the rapidly growing FM 2590/VFW Road corridor. This property features eight newly constructed 40 x 60 commercial shops, each equipped with amenities including overhead doors, bathrooms, and, spray foam insulation and additional 9 acres for potential future development.

Investment highlights

  • Strategic Location: Situated on a high-traffic, expanding road, ensuring excellent visibility and accessibility.

  • Turnkey Shops: Each unit is designed to meet contemporary business needs with overhead doors for easy access, dedicated bathrooms, and superior insulation for energy efficiency. The existing shops are 100% occupied, demonstrating strong demand and a vibrant business environment.

  • Expansion Potential: The additional 9 acres of land are primed for future growth, with additional concrete already laid to accommodate more commercial spaces.

Listing Contacts

BT
TX 690582
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$94,828.00
$7,902.33/mo

Valuation Metrics

0
DSCR
3.65%
Cap Rate
3.65%
ROI

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