Map of Property

220 S McMasters St

For Sale

220 S McMasters St, Amarillo, TX 79106

This Amarillo property for sale is located at 220 S McMasters St. The current listed sale price for 220 S McMasters St is $350,000. 220 S McMasters St is situated on a lot that is 14,810 square feet in size.

Contacts

Bill Chudej

FIMC Commercial Realty

Kirk Chudej

FIMC Commercial Realty

Property Details

  • Property Type Retail
  • Property Size 2,000 SF
  • Lot Size 14,810 SF
  • Cap Rate % 8.57
  • NOI / YR $30,000.00
  • Year Built 1984
  • Date Updated Jun 5, 2026

220 S MCMASTERS 220 S McMasters, Amarillo, TX 79102 Outstanding opportunity to acquire a single-tenant retail investment in Amarillo, Texas. This approximately 2,000 SF steel building, built in 1984, sits on a hard-corner site totaling 14,810 SF (.34 acres), offering excellent visibility and convenient access near S McMasters Ave and SW 3rd Ave. The property is currently leased to H&R Block, a long-established tenant that has operated at this location for 15 years, providing investors with stable occupancy and proven site performance. The asset features a full NNN lease structure, helping minimize landlord responsibilities and create a more passive income stream. Offered at $350,000, this investment presents an attractive 8.57% cap rate. Its corner positioning, established tenancy, and accessible infill location make it a compelling option for investors seeking reliable cash flow with long-term upside in a well-trafficked neighborhood retail corridor.

Investment highlights

Currently leased to H&R Block, same location for 15 years

Cap Rate 8.57

Full NNN lease

 

 

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Getting around

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Location

  • City Amarillo, TX
  • Neighborhood Old San Jacinto
  • Zip Code 79106
  • Market Amarillo

Points of Interest

  • Toot'n Totum

    1.30 miles

  • Phillips 66

    1.89 miles

  • Valero

    2.00 miles

  • Murphy Express

    2.02 miles

  • Tesla Destination Charger - Best Western Plus Medical Center

    3.57 miles

  • Tesla Supercharger

    3.96 miles

  • 900 S Van Buren St

    1.52 miles

  • 904 S Van Buren St

    1.52 miles

  • 910 S Van Buren St

    1.52 miles

  • WTAMU Parking

    1.55 miles

  • Amarillo Tower Aux Parking

    1.55 miles

  • Petroleum Building Parking

    1.61 miles

  • 901 S Harrison St

    1.62 miles

  • 905 S Harrison St

    1.63 miles

  • 909 S Harrison St

    1.63 miles

  • Down’Home Dixie Diner

    0.28 miles

  • Braceros Mexican Grill & Bar

    0.29 miles

  • Mariscos El Big Boy

    0.31 miles

  • Golden Light Cantina

    0.31 miles

  • Smokey Joe's

    0.32 miles

  • Route 66 Street Food Park

    0.35 miles

  • The Handle Bar & Grill

    0.67 miles

  • Moe Dogs Grill

    0.68 miles

  • Shi Lee's Barbecue and Soul Food Cafe

    0.88 miles

  • It's A Punjabi Affair

    1.14 miles

  • Family Discount Store

    1.33 miles

  • Amarillo International Food Market

    1.45 miles

  • Kress

    1.70 miles

  • United Supermarkets

    1.97 miles

  • Burlington

    1.98 miles

  • Market Street United

    1.99 miles

  • La Super Economica

    2.14 miles

  • Walmart Supercenter

    2.38 miles

  • The Village on Bell

    3.26 miles

  • Wolflin Plaza

    3.26 miles

Contact 220 S McMasters St
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