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29695302
29695301

3000 SW 26th Ave, Amarillo, TX 79109

MF
TX TX 644481, CA CA 01875150 (+1)
Sands Investment Group
WB
TX TX 791525
Sands Investment Group Austin
Listed by Sands Investment Group, Sands Investment Group Austin
$5,200,000
117 days on market
Updated 91 days ago

OpenRoad Collision - Amarillo, TX

Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 28,620
Cap Rate 7.19%
NOI $373,712
Occupancy 100%
Tenancy Single
Brand/Tenant OpenRoad Collision
Lease Type NN
Lease Term 10
Lease Expiration 08/31/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options 5 x 5 Year Options
Price per SqFt $182
Year Built 1979
Year Renovated 2004
Buildings 1
Acreage 2.350
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/26/2022

Rapidly Growing Collision Operator | 3% Annual Increases | Corporate Guarantee | Amarillo, TX

Marketing description

Sands Investment Group is pleased to exclusively offer for sale the OpenRoad Collision Center located at 3000 SW 26th Avenue in Amarillo, TX. The property is leased to OpenRoad Collision, a rapidly expanding collision repair operator with 37 locations across four states, and features 6+ years remaining on a corporately guaranteed lease with 3% annual rent increases, providing stable cash flow in a high-growth Amarillo market.

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Investment highlights

  • Growing Operator: Since its founding in 2022, OpenRoad Collision has grown its location count to 37 repair shops across 4 states. Since 2024, OpenRoad's location count has grown by an average rate of 36% YOY (2024- 40% & 2025- 32%), making them one of the fastest growing MSO's in the industry.

  • Lease Structure & Corporate Guarantee: With 6+ years remaining on the initial lease term and 3% annual rent increases, this lease is corporately guaranteed by OpenRoad Collision, an attractive opportunity for any investor looking for a tenant with an expanding credit profile.

  • Location: In June 2025, USA Today ranked Amarillo as the #1 midsize city for growth in the U.S. (for 2026), recognizing the city’s strategic planning, workforce development, and community momentum. This projection is largely driven by the announcement that Fermi America plans to build "the world’s largest artificial intelligence data center complex" in Amarillo, totaling 18 million SF.

  • Market Presence: This property is one of the 3 locations for OpenRoad's local brand, Drury-Moss Collision, which has been operating for nearly 45 years in Amarillo and the Texas Panhandle.

Listing Contacts

MF
TX TX 644481, CA CA 01875150 (+1)
Sands Investment Group
WB
TX TX 791525
Sands Investment Group Austin
Listed by Sands Investment Group, Sands Investment Group Austin

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$373,712.00
$31,142.67/mo

Valuation Metrics

0
DSCR
7.19%
Cap Rate
7.19%
ROI

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Additional Information

Name
Max Freedman
License
TX #644481
Title
Broker of Record
Name
Max Freedman
License
TX 644481
Name
Will Beightol
License
TX 791525
Title
Net Lease Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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