8600 Southwest 34th Avenue
8600 Southwest 34th Avenue
Building Size
72,227 SF
Asset Type
Retail
Closing
Oct 28, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 8600 Southwest 34th Avenue in Amarillo, covering a total area of 72,227 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Buyer: Nicholas DiLeone - Leone Real Estate Partners; Scott Haire - Lampasas Partners
- Seller's Representative: Steven Siegel & Vincent Knipp - Institutional Property Advisors (IPA) - Marcus & Millichap
The collaboration between the seller and seller's broker was noted to be effective, contributing to a smooth transaction process. The buyer team, along with its limited partners, expressed enthusiasm regarding their acquisition of this well-located property.
On the Map
Retail
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Players
Amarillo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93