5721 Georgia St - Fast Food FOR SALE


Amarillo, TX 79110
$2,518,000 USD
415-413-3005
5721 Georgia St, Amarillo, TX for Sale
$2,518,000 USD
Fast Food - FOR SALE
1/6
null | 5.65% Cap Rate

5721 Georgia St
Amarillo, TX 79110


HIGHLIGHTS

  • Starbucks is responsible for taxes, insurance, and maintenance, offering the landlord a passive, low-risk income stream
  • Lease backed by Starbucks Corporation, a globally recognized brand with over 35,000 locations worldwide
  • Starbucks’ stable business model ensures consistent rental income for investors
  • Includes a 10-year lease term with four (4) additional five-year renewal options, providing long-term investment security

OVERVIEW

This property is located along South Georgia Street, one of Amarillo’s busiest commercial corridors, with significant daily traffic flow and close proximity to I-27 and Loop 335, providing excellent visibility and exposure to a consistent stream of commuters and local customers. The property benefits from its proximity to John Stiff Memorial Park, a large recreational hub featuring sports fields, walking trails, and family picnic areas, as well as the Don Harrington Discovery Center, a popular destination for families and tourists, driving additional weekend and evening traffic. This Starbucks features the brand’s latest design and energy efficient systems, reducing operational costs while offering an inviting and convenient experience for customers. The drive-thru lane caters to the area’s busy professionals and families, ensuring quick service for those on the go. The surrounding area is experiencing rapid residential growth, with developments like City View and Hillside Terrace Estates bringing new families and professionals into the region. This expanding population base ensures a steady stream of local customers while also attracting visitors to the area’s shopping and dining destinations. The property is located in a region of Amarillo with strong local demographics, including a high average household income, supporting strong retail demand and ensuring consistent foot traffic for businesses like Starbucks. As a globally recognized brand, Starbucks guarantees a loyal customer base, enhancing the long-term viability of the property and making it an attractive investment opportunity in Amarillo’s growing retail market.

FOR SALE DETAILS

PRICE

$2,518,000 USD

PRICE/SF

$1,247 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.