1222 S Buchanan Street, Amarillo, TX 79101
sale
$215,000
|
Other
Courtesy Of FIMC Commercial Realty
1222 S. Buchanan Street presents an opportunity to acquire a single-tenant net leased investment property in Amarillo, Texas. The building is occupied by Mayesh Wholesale Florist, a national wholesale floral distributor with 24 locations across 14 states. Offered at $215,000, the property generates current NOI of $21,600 and is priced at a 10.0% cap rate. The NNN lease structure minimizes landlord responsibilities while providing stable cash flow. Lease terms include 4% annual rent increases, creating built-in income growth over the term. Conveniently located near downtown Amarillo with easy access to Interstate 40, this property offers investors a combination of strong cash flow, contractual rent growth, and a nationally recognized tenant.
Read More About This Property
Read Less About This Property
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Legal Description: PLEMONS, BLK 0171, S 75FT OF 2
- MLSID: 26-4845
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$279,000
Other
8800 TRIANGLE Drive
Amarillo, TX 79107
Land: 10.18 Acres
Courtesy Of Larry Brown Realtors, Inc
sale
$275,000
Other
1502 S Lipscomb Street
Amarillo, TX 79102
Building: 3,916 sq. ft.
Courtesy Of Gaut Whittenburg Emerson Commercial Real Estate, LLC
sale
$275,000
Other
800 S RUSK Street
Amarillo, TX 79106
Building: 5,151 sq. ft.
Courtesy Of Gaut Whittenburg Emerson Commercial Real Estate, LLC
sale
$270,000
Other
4612 Maverick Street
Amarillo, TX 79109
Building: 2,000 sq. ft.
Courtesy Of Gaut Whittenburg Emerson Commercial Real Estate, LLC