Contacts
Avison Young - US - CA - Los Angeles
Avison Young - US - CA - Los Angeles
Property Details
- Property Type Other
- Units 1
- Additional Rent Contact for pricing
- Date Updated Dec 20, 2024
Avison Young is pleased to present the opportunity to acquire the single-tenant Popeyes on fee simple land located at 2201 Paramount Boulevard in Amarillo, Texas. The subject property is located in a popular retail corridor and outparcel to a newly renovated Gold’s Gym. Popeye’s, a National Credit Tenant, has 18 years remaining on its Absolute-Net Lease, with 10% increases every five years. In addition, the operator, the Dhanani Group, operates 1,000+ units nationwide including 375 Popeyes. This is an excellent opportunity to acquire a stable investment occupied by a reputable national tenant and operator!
Reach out to the broker for more info on lease terms and amenities
Highlights
- 2,431 SF building on 0.7 AC of fee simple land
- Occupied by national tenant, Popeyes, with 18 years remaining on lease
- Excellent guaranty by Dhanani Group - the largest Popeyes Franchisee in system, and 2nd largest restaurant operator in America (2022)
- Great corner lot positioning with drive-thru and ample parking
- Additional income from double-sided billboard
- Strategically located in a dense retail corridor of Amarillo, with close proximity to synergistic national retailers including Golds Gym, Home Depot, Red Lobster, Churchs, Smoothie King, Chick-fil-A, and much more!
Getting around
-
71/100
Walk Score ®
-
26/100
Transit Score ®
-
50/100
Bike Score ®
Location
- City Amarillo, TX
- Neighborhood Amarillo SouthWest
- Zip Code 79109
- Market Amarillo
Points of Interest
-
Valero
0.30 miles
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Phillips 66
0.45 miles
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Toot'n Totum
0.56 miles
-
Murphy Express
0.59 miles
-
Pak-A-Sak
1.14 miles
-
Tesla Destination Charger - Best Western Plus Medical Center
2.83 miles
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Tesla Supercharger
3.31 miles
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910 S Van Buren St
2.04 miles
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904 S Van Buren St
2.04 miles
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900 S Van Buren St
2.05 miles
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220 SW 10th Ave
2.11 miles
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913 S Harrison St
2.12 miles
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909 S Harrison St
2.12 miles
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WTAMU Parking
2.12 miles
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905 S Harrison St
2.13 miles
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901 S Harrison St
2.13 miles
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Petroleum Building Parking
2.17 miles
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Travelodge Amarillo West
0.07 miles
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Super 8 by Wyndham Amarillo West
0.09 miles
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Motel 6
0.12 miles
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Baymont Inn & Suites Amarillo West
0.22 miles
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Holiday Inn Express & Suites Amarillo
0.38 miles
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Comfort Suites
0.41 miles
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Candlewood Suites Amarillo-Western Crossing
0.42 miles
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Wyndham Garden Amarillo
0.43 miles
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Staybridge Suites Amarillo-Western Crossing
0.56 miles
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Amarillo Motel
1.40 miles
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Market Street United
0.37 miles
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Burlington
0.46 miles
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Amarillo International Food Market
0.64 miles
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Family Discount Store
1.45 miles
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Walmart Supercenter
1.47 miles
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The Village on Bell
1.79 miles
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Big Lots
1.88 miles
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United Supermarkets
2.32 miles
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Kress
2.32 miles
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Wolflin Plaza
2.40 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
