612 SW 10th Ave
– 1,000 SF retail building
– Built in 1926
– New roof and HVAC
– Currently leased to Lone Star Aqua Farms
– Monthly rent: $795.00
909 S Madison St
– 364 SF freestanding hut
– Built in 1993
– Set up as fast food drive-thru with two service windows
– Formerly Bud Nuts
– Currently vacant
– Approximate monthly rent: $625.00
Located at the corner of SW 10th Avenue and Madison Street, just east of downtown Amarillo. Positioned along a main route into the downtown area, this location provides access to central business destinations and surrounding neighborhoods. SW 10th serves as a connector between west Amarillo areas and downtown, with consistent vehicle traffic throughout the day.
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.