Listed by Capitol Peak Realty
$8,863,815
Ross Business Center
Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 72,959
Net Rentable (SqFt) 72,959
Units 350
Cap Rate 7.50%
NOI $664,786
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $121
Class B
Year Built 1978
Year Renovated 2020, 2023, 2024, 2025, 2026
Buildings 3
Zoning Commercial (O12)
Investment Type Stabilized
Office | 7.50% CAP | 72,959 SqFt
Marketing description
Ross Business Center is a fully stabilized, 100% leased multi-tenant commercial campus in Amarillo, Texas. The three-building complex spans approximately 72,959 square feet across three contiguous parcels and is anchored by six established tenants with leases extending through 2027–2033. The campus has undergone extensive capital improvements under current ownership, including a new TPO roof system and building-wide renovations — significantly reducing near-term capex risk for investors.
Investment highlights
- 100% Occupancy — 6 Tenants
- Leases Through 2027–2033
- New TPO Roof System
- Extensive Recent Renovations
- $959K Scheduled 2026 Rent
- Built-In Rent Escalations
- Diverse Tenant Mix
- 3 Contiguous Parcels
Listing Contacts
Listed by Capitol Peak Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$664,786.00
$55,398.83/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
