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5080 Coulter Street South
Amarillo, TX 79119
Asking Price
$2.80M
Asset Type
Restaurant Retail
Class
Class B
What's Special
2nd-Gen Restaurant | Delivered Vacant | Amarillo, TX <ul><li>Delivered Vacant at Closing | Immediate Owner-User Occupancy or Flexibility to Secure a New Tenant on Custom Terms</li><li>Offered at $2,800,000 ($344/SF), a Significant Discount to Estimated Replacement Cost</li><li>Modern 2017 Construction With Existing Restaurant Infrastructure and an Efficient Site Layout</li><li>Large ±1.95-Acre Parcel With Ample Parking, Future Adaptability, and Strong Residual Land Value</li><li>Prime South Coulter Street Retail Corridor (±20,480 VPD), Adjace
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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.27%
Monthly Payment
$13,852.872
Annual Cash Flow
$-86,234.467
