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Prime Corner Redevelopment Opportunity – 34th & Georgia, Amarillo, TX
Asking Price (Land Basis): 2.71 acres at $30/SF | ±$3,541,428
Building Size: 24,074 SF
Existing Tenants: National-credit tenants — AutoZone (lease through Jan 2028) and Dollar General (lease through Nov 2028)
Investment Highlights:
Highly visible corner with 36,113 cars/day (COA) and strong frontage/ingress-egress 2.71-acre site offers flexible redevelopment options: retail, mixed-use, or big-box repositioning Existing national-tenant leases provide near-term income, with future expirations creating value-add potential Strategically positioned to capture loyalty from the surrounding regional retail corridor and evolving consumer demand Retail / Trade Area situated in stable Amarillo retail corridor anchored by national and regional retailers, including:
Wolflin Village & Wolflin Square Home Depot, Walmart Supercenter Chick-f...
Wolflin Village & Wolflin Square Home Depot, Walmart Supercenter Chick-fil-A, Cane’s, Panda Express, Starbucks, Scooter Coffee Dollar Tree, Dollar General, Aaron’s Rent-A-Center Coronado & Westhaven Shopping Centers AutoZone Distribution Center Ideal Uses:
Single-user redevelopment (big-box or grocer) Multi-tenant retail center (strip or power center) Mixed-use (retail + office/residential) leveraging future tenant rollover Value-add land play: acquire, hold existing cash flow, reposition upon lease maturity
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