Valero Credit Services Center
$5,375,000
7201 Canyon Drive, Amarillo, TX 79110
9.65
Cap Rate
518,580
NOI
Details:
Description:
• Fortune 50 Company (NYSE: VLO)
• Corporate Guarantee: Investment Grade Tenant (S&P: BBB)
• Class “A” Office Building
• Approx. 130 Full Time Employees at Location
• New 2018 Roof Replacement with 20 year Manufacture Warranty*Ask Broker for Details
• The Building has recently been Re-Painted
• Approx. 20 minute drive from Rick Husband Amarillo International Airport
• Recently Replaced Data Room Systems (November 2017)-Lebra Data Room Cooling System
• Back up-On Site Power Generation-250 KW Diesel Caterpillar
• No State Income Tax in Texas
• 20 Year Tenant Occupancy
• Tenant has Previously Exercised two (2)/5 Year Renewal Options
• Value Add Opportunity through Develop of Excess Land
• Employee Longevity and High Expense of Relocating Increases Tenant likelihood of Renewal
• Valero Headquarters Located in Texas
• Passive Lease Structure
• Strong Surrounding Demographics
Documents:
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Valero_Credit_Services_Center-_OM_-_Amarillo__TX.pdf
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OM-Valero Office
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Location
Gallery
