This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
10020 S Georgia St
Amarillo, TX 79118
SRS Distribution · Industrial Property For Sale
PROPERTY FACTS
Property Type | Industrial | Number of Floors | 1 |
Property Subtype | Warehouse | Year Built | 2008 |
Building Class | B | Tenancy | Single |
Lot Size | 3.47 AC | Parking Ratio | 1.82/1,000 SF |
Rentable Building Area | 17,004 SF | Level Access Doors | 8 |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 3.47 AC |
Rentable Building Area | 17,004 SF |
Number of Floors | 1 |
Year Built | 2008 |
Tenancy | Single |
Parking Ratio | 1.82/1,000 SF |
Level Access Doors | 8 |
About 10020 S Georgia St , Amarillo, TX 79118
- Building Features + Synergy – The subject property offers 17,004 SF on 3.47 acres (11% Coverage Ratio). The site’s set up features excellent synergy for - SRS Distribution offering a large lot for outside storage and maneuverability. The 8 ground level doors allow SRS to back their flatbed trucks into the warehouse and enable loading and unloading from multiple sides. - Leased to a Rapidly Growing Company – SRS Distribution is the largest privately-held roofing distributor in the U.S. Ever since Leonard Green Partners acquired a majority share ownership from Berkshire Partners for $3 Billion in 2018; SRS has grown exponentially from 200 locations to 270 locations to date. - Passive increase in return – SRS Distribution is in their second option featuring a 7.90% cap rate with a 3% rental increase year over year and an average cap rate of 8.30%. - Strong Economical Foundation – Amarillo is the 14th-most populous city in the state of Texas, United States. It is also the largest city in the Texas Panhandle, and the seat of Potter County. A portion of the city extends into Randall County. The estimated population was 199,826 as of 2017.
Links
PROPERTY TAXES
Parcel Number | R-073-2600-1300-0 | Improvements Assessment | £1,312,208 |
Land Assessment | £88,799 | Total Assessment | £1,401,006 |
PROPERTY TAXES
zoning
Zoning Code | LI |
LI |
Listing ID: 16979903
Date on Market: 20/08/2019
Last Updated:
Address: 10020 S Georgia St, Amarillo, TX 79118
The Industrial Property at 10020 S Georgia St, Amarillo, TX 79118 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.