Amarillo Premier Shopping Center For Sale

Shopping Center for Sale
Catylist Listing ID: 30384373
Property Subtypes: Fashion/Specialty, Neighborhood Center, Outlet Center, Regional Mall, Strip Center
Building Size (RSF): 64,914 SF
Gross Building Area: See Agent
Sale Price: $17,900,000
Unit Price: $275.75 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/15/2019

Overview / Comments

GRACO is pleased to offer to qualified investors the opportunity to acquire the Forum at Soncy, a 64,914 SF retail asset located at a signalized intersection in Amarillo, Texas.
The Forum at Soncy features Class ‘A’ construction and is currently 100% leased to a solid mix of national retail and restaurant tenants including World Market, FedEx, Guitar Center, Chico’s, and Pei Wei.

The Property is located at the signalized intersection of 34th Street and Soncy Avenue, a highly trafficked retail trade area that benefits from an average household income of $102,156 in a 1-mile radius. Notable retailers adjacent to the property include Starbucks, Bed Bath & Beyond, Ross, Old Navy, and Kohl’s.

Current Tenants

Tenant Business Name Chico's
Tenant Business Name Complete Nutrition
Tenant Business Name Guitar Center
Tenant Business Name Jos A. Bank
Tenant Business Name Kirkland's
Tenant Business Name Justice
Tenant Business Name Lane Bryant
Tenant Business Name Sleep Number
Tenant Business Name Pei Wei
Tenant Business Name Amazing Lash Studios
Tenant Business Name Serenity Nail Spa
Tenant Business Name FedEx Kinkos
Tenant Business Name Verizon
Tenant Business Name World Market
Tenant Business Name Amarillo National Bank

Additional Details

Nearest MSA: Amarillo
County: Randall
Tax ID/APN: 073058001700
Property Visibility: Excellent
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,400 55,175 116,022
Median Age: 44.97 40.01 37.31
Households: 2,850 23,915 48,722

Contact

Photograph of Listing Agent

Gary Andrews

Graco Real Estate Development, Inc.
West Texas CIE Member
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