Building Details:
• Year Built: 2003
Single story brick building currently leased by Hasting's Entertainment, Inc. Hasting's will entertain a buyout of their lease as they will not renew at this location. Excellent location for redevelopment, retail, restaurant, office, call center, etc.
Located in Canyon, Texas a suburban community 15 miles south of Amarillo, Texas. The property is adjacent to a regional United Grocery Store and is across the street from West Texas A&M University, a 176 acre campus with an approximate student enrollment of 7,900.
Traffic Count - 23rd Street - 13,900 cars daily
Traffic Count - Russell Long Blvd. - 4,200 cars daily
NOI increases to $148,500 after September 2013 - 10.25% Cap Rate
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- Randy Jeffers, agent and Rofo Pro
