Downtown Office Condo's

600 S Buchanan St Amarillo, TX 79101

600 S Buchanan St, Amarillo, TX, 79101
600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101 600 S Buchanan St, Amarillo, TX, 79101
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$3,175,500
Last Verified:
Mar 08, 2024

Highlights


Description

Building A has up to 8 possible units ranging from 1205 square feet to total square feet of building for a purchase of complete building. Building A Store Front width for a 1205 square foot unit will be roughly 26 feet.
Building B has one end cap available and one interior space available. Space square feet will be roughly 2270 square feet pending demising wall location to utilize rear loading doors. Store Front width pre unit will be roughly 42.8 feet.
Building C is a two end cap building with units roughly with units ranging from a minimum of 1250 to 2268 each pending demising wall location. Store Front width for the 1250 unit is roughly 23.5 feet and the larger unit of 2268 will be roughly 42.8 feet of frontage.

Base Lease Rate of 18.00 square foot. Base Lease rate is figured without Tenant Improvement. Owner will negotiate Tenant Improvement with any lease offer. Tenant Improvement accepted at Owners expense will be amortized over the initial term of the lease and then added on top of initial lease rate offering of 18.00 per foot. NN Estimate of 4.75 per square foot annually. Taxes and insurance only with CAM provided by the City of Amarillo

Introducing the Llano Real Estate Group's latest offering - Class A commercial condos for sale or lease in the heart of downtown Amarillo's reinvestment center. With an unbeatable location directly across the street from the Hodgetown Ballpark and adjacent to the new Potter County Courthouse, these commercial spaces are at the epicenter of Amarillo's latest development efforts.
Picture being surrounded by the buzz of activity, with Embassy Suites by Hilton and Xcel Energy Headquarters right next door. Within a block of the Amarillo Civic Center and the Globe-News Center, your business will thrive in the midst of Amarillo's cultural and business hub.
These commercial condominiums are the perfect opportunity for individuals to own a piece of prime real estate in a vibrant and growing area of the city. With shared maintenance and management responsibilities, the burden is distributed among owners, ensuring the longevity and value of the property.
Don't miss your chance to be a part of Amarillo's exciting evolution. Contact us today to explore the possibilities offered by these Class A commercial condos, brought to you by Llano Real Estate Group.


Year Built: 2016
Building Size: 19251sq ft
Building Class: A
Lot Size: 0 acres

Units for Lease

Building A
Space Available: 9821 SF
Lease Type: NNN

Price Per Sqft/Month: $18.00
Building B
Space Available: 4578 SF
Lease Type: NNN

Price Per Sqft/Month: $18.00
Building C
Space Available: 3595 SF
Lease Type: NNN

Price Per Sqft/Month: $18.00

Map of 600 S Buchanan St, Amarillo, TX, 79101

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.