Commercial Syndication - Invest $50k 14% IRR 8% Preferred Return
Invest $50k * Get $110k! 14% IRR * 8% Preferred Return * 8.25 CAP
Wilson Investment Properties is proud to bring you the opportunity to invest in a cash flowing quality commercial retail center in Amarillo, Texas with as little as $50K!
Learn More - http://www.tomwilsonproperties.com/properties/west...
Why Should You be Interested?
This is an opportunity to “move up to the big leagues” and enjoy the economies of scale that come with commercial properties & syndications that allow one to be a part of a larger and higher quality property with professional management.
Property Highlights
- Class-A single-story retail building
- 98% Occupied
- Average remaining lease terms of nearly 7 years
- Burlington Coat Factory, Michaels, Petco and Mardel national anchor tenants
- Newer 2008-2009 construction
- 167,600 Square Feet on 16.32 Acres in Amarillo, TX
- On Interstate 40 with 84,000 vehicles per day
- 8.4 million soft of retail within 3 miles with a robust occupancy of 98%
- Next closest stores for the anchors is over 115 miles away
About Amarillo, TX
- Economic center of Texas & Oklahoma panhandles & Eastern New Mexico
- 2.9% unemployment, the lowest in Texas
- Over 10,000 business
- Halfway point between Dallas/Fort Worth & Denver, Colorado & halfway point between Albuquerque & Oklahoma City
- Diverse economic base including energy production, livestock, agriculture, food manufacturing, precious metals refining, and aircraft production
- One-quarter of the United States beef supply is processed in Amarillo Rental rates have increased 15% over the past three years
Offering