8275 W Amarillo Blvd | Amarillo, TX 79124
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- LoopNet Team
8275 W Amarillo Blvd
Amarillo, TX 79124
Former Regal Theater · Retail Property For Sale
Investment Highlights
- Ideal site for redevelopment; 10.61 acres near a high concentration of hospitality and retailers, including SpringHill Suites, and Chick-fil-A.
- No new inventory is under construction in the metro, resulting in no pressure from the supply pipeline.
- Just across I-40 is the Westgate Mall, a popular shopping destination and major traffic driver to the area.
- Located between signalized intersections for Route 66 and I-40, with over 17,000 VPD, and visible to traffic along I-40, estimated at 96,000 VPD.
- Robust retail market with consistent rent growth, increasing an average of 3.2% annually over the past three years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
83,422 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
10.61 AC
Zoning
HC - Heavy Commercial
Parking
629 Spaces (7.54 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | R-005-7540-0465-0 | Improvements Assessment | $324,260 |
| Land Assessment | $2,994,744 | Total Assessment | $3,319,005 |
PROPERTY TAXES
Parcel Number
R-005-7540-0465-0
Land Assessment
$2,994,744
Improvements Assessment
$324,260
Total Assessment
$3,319,005
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