Listed by FIMC Commercial Realty
$350,000
220 S McMasters
Details
Property Type Retail, Office
Sub Type Traditional Office
Square Footage 2,000
Cap Rate 8.57%
NOI $30,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 04/30/2028
Remaining Term 1.9
Rent Bumps Yes
Lease Options 1
Year Built 1984
Buildings 1
Lot Size (SqFt) 14,810
Investment Type Net Lease
Lease Commencement 05/01/2025
Ground Lease No
Retail | 2,000 SqFt
Marketing description
220 S MCMASTERS
220 S McMasters, Amarillo, TX 79102
Outstanding opportunity to acquire a single-tenant retail investment in Amarillo, Texas. This approximately 2,000 SF steel building, built in 1984, sits on a hard-corner site totaling 14,810 SF (.34 acres), offering excellent visibility and convenient access near S McMasters Ave and SW 3rd Ave.
The property is currently leased to H&R Block, a long-established tenant that has operated at this location for 15 years, providing investors with stable occupancy and proven site performance. The asset features a full NNN lease structure, helping minimize landlord responsibilities and create a more passive income stream.
Offered at $350,000, this investment presents an attractive 8.57% cap rate. Its corner positioning, established tenancy, and accessible infill location make it a compelling option for investors seeking reliable cash flow with long-term upside in a well-trafficked neighborhood retail corridor.
Investment highlights
- Currently leased to H&R Block, same location for 15 years
- Cap Rate 8.57
- Full NNN lease
Listing Contacts
Listed by FIMC Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,000.00
$2,500.00/mo
Valuation Metrics
0
DSCR
8.57%
Cap Rate
8.57%
ROI
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