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23545543
23545544

2221 S Soncy Rd, Amarillo, TX 79124

BW
CA 02146707
Matthews
MF
CA 02252167
Matthews
Listed by Matthews
$3,762,300
374 days on market
Updated 67 days ago

2ND GEN RESTAURANT SPACE (FOR SALE/LEASE)

Details
Property Type Retail
Sub Type Restaurant
Square Footage 12,514
Occupancy 100%
Tenancy Single
Brand/Tenant Route 66 Family Buffet
Year Built 2007
Year Renovated 2023
Acreage 2.030

LARGE LOT SIZE | STRATEGIC POSITIONING | STRONG DEMOGRAPHICS

Marketing description

Patrick Graham

Broker of Record

License No. 528005, 9005919 (TX)

Matthews Real Estate Investment Services, Inc

Investment highlights

  • LARGE LOT SIZE: The property sits on a ±2.03 acre lot that provides sufficient area for parking and any future expansion opportunities.

  • STRATEGIC POSITIONING: Situated along South Soncy Road, a major retail corridor in Amarillo, the property benefits from high visibility and accessibility. Some of the major tenants include Home Depot, Target, Sam’s Club and more.

  • STRONG DEMOGRAPHICS: The property is strategically positioned in a thriving trade area, with a population exceeding 116,471 within a ±5-mile radius. The local demographic trend is favorable, with projected population growth of over 5% by 2029, underscoring sustained demand for retail and commercial space.

  • SITUATED RIGHT NEXT TO INTERSTATE 40: The property sits within 300 feet from Interstate 40, which see’s ±53,900 vehicles per day (VPD).

  • INCOME TAX FREE STATE: Texas’ status as an income tax free state enhances the property’s investment appeal by reducing the tax burden on potential returns.

  • INCREASED FOOT TRAFFIC: The concentration of multiple hotels, two major hospitals, and Westgate Mall in the immediate area generates steady pedestrian and vehicular traffic. This consistent flow of visitors and locals creates a strong, built-in customer base, making the location especially advantageous for a restaurant seeking high visibility, foot traffic, and a diverse mix of potential diners throughout the day.

  • BRAND NEW ROOF AND INTERIOR: The property features significant recent upgrades, including a new roof, fully renovated interior, and a state-of-the-art commercial kitchen and bakery setup. These capital improvements reduce near-term maintenance costs and position the asset as move-in ready for food service operators or tenants seeking a turnkey solution.

Listing Contacts

BW
CA 02146707
Matthews
MF
CA 02252167
Matthews
Listed by Matthews

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Additional Information

Name
Patrick Graham
License
528005, 9005919 (TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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