Offered for sale is an absolute net leased Havertys Furniture located in Amarillo, Texas. The lease is structured with no landlord responsibilities, including roof and structure, and the tenant has operated at this location for over 30 years, recently exercising a renewal option with a 6% rent increase scheduled for September 2027. The property features below-market rent at $5.62/SF and is positioned on a 4.79-acre signalized hard corner site at Soncy Road and SW 34th Avenue, one of Amarillo’s highest-traffic non-interstate intersections with 43,666 VPD. The asset is located within the dominant west Amarillo retail node near Westgate Mall and benefits from connectivity to Loop 335, I-27, and I-40, with 121,367 residents and 124,205 daytime population within five miles.
| Price | $5,416,000 |
| Cap Rate | 7.50% |
| Building Size | 72,227 sqft |
| Lot Size | 4.79 acres |
| Year Built | 1995 |
![]()
|