Amarillo Self Storage

Property Description

Explore the potential of this prime investment opportunity in Amarillo, Texas. This listing features a well-maintained 13,680 SF property, constructed in 2004. Amarillo Self Storage is paved and fenced with an automated gate. There is a growing population of over 60,000 people and only a 4.43 SF per person supply within a 3-mile radius with Average Household Income of $58,000. The property's strategic location provides favorable accessibility to key transportation routes, making it an ideal choice for both tenants and suppliers. Don't miss out on the chance to acquire a property with a solid foundation and significant potential for growth in the thriving Amarillo market. Occupancy grew from 20% to 70% in 1 year! On-site office not currently in use and could be rented out.

Location Description

The estimated population of Amarillo is 200,393, representing nearly half of the Texas Panhandle’s population. As of 2020, the Amarillo metropolitan area has a population of approximately 308,297.

Amarillo is known as "Rotor City, USA" due to its V-22 Osprey hybrid aircraft assembly plant. The city also boasts one of the largest meat-packing operations in the United States, along with one of the most productive helium fields in the country. Additionally, Pantex, the only nuclear weapons assembly and disassembly facility in the U.S., is a significant employer in Amarillo.

U.S. Routes 60, 87, 287, and 66 intersect in Amarillo, making it a key stop for tourists with its many motels, restaurants, and curio shops.

Amarillo is also home to approximately 10,000 college students across several higher education institutions, including Amarillo College, Wayland Baptist University, and the Texas Tech University Health Sciences Center (TTUHSC) Amarillo campus.

Nearby attractions such as the iconic Cadillac Ranch and Palo Duro Canyon State Park draw visitors to the area, contributing to the local economy.