Amarillo, TX - South Georgia Retail Strip

Description:

SRS Multi-Tenant Investments is pleased to offer the fee simple interest in the South Georgia Street Strip Center, a 100% occupied retail asset located at a signalized, hard corner intersection in Amarillo, TX. The property features a strong, service-oriented tenant lineup with a weighted average lease term of 6.2 years and scheduled rent increases providing stable, growing cash flow.

Strategically positioned at the intersection of S. Georgia Street (22,200 VPD) and Civic Circle, and directly off I-40 (88,000 VPD), the property enjoys strong visibility and access. It is surrounded by national retailers including Home Depot, Market Street, and Crunch Fitness. The center includes a Smoothie King with a drive-thru, boosting site traffic and tenant performance. The asset has undergone recent capital improvements, including a new roof in 2022 and full exterior renovations in 2020. The 5-mile trade area is home to 170,200+ residents and 91,300+ employees with an average household income of $89,286, reinforcing strong retail fundamentals in the largest city of the Texas Panhandle.

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Listing ID: a288X000003h2Q2QAI