Amarillo, Texas, is a strategic location for businesses seeking to establish a strong presence in the Texas Panhandle. With its diverse economy, major industries, and unique attractions, Amarillo offers a Commercial Real Estate Property For Lease that is an attractive investment opportunity. The city's infrastructure, including the Loop 335 freeway and the I-27 Ports to Plains Corridor, provides easy access to major transportation routes, making it an ideal location for businesses that rely on logistics and distribution. Additionally, Amarillo is home to several major institutions, including Baptist St. Anthony's Hospital, Northwest Texas Hospital, and the Thomas E. Creek Department of Veterans Affairs Medical Center, which contribute to the city's economic growth. The city's natural attractions, such as Palo Duro Canyon State Park and Alibates Flint Quarries National Monument, also make it an attractive location for businesses that value quality of life and outdoor recreation.
Amarillo's Commercial Real Estate market offers a range of options, including Office Space, Coworking Space, Retail Space, and Industrial properties. With 85 Commercial Real Estate Properties For Lease available, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $16 USD, with sizes ranging from 95 square feet to 105,000 square feet. Office Space is available in the downtown area, particularly on Polk Street, which features many historic buildings and homes. Coworking Space is also an option, with several shared office spaces available in the city. Retail Space is abundant, with many shopping centers and strip malls along the major highways. Industrial properties are also available, with access to major transportation routes and utilities. Overall, Amarillo's Commercial Real Estate market offers a diverse range of options for businesses looking to establish a presence in the Texas Panhandle.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Amarillo, Texas, there are several key factors to consider, including:
- Location, with proximity to major highways like Interstate 27 and Interstate 40, as well as access to amenities like medical facilities, parks, and transportation hubs;
- Space requirements, with average sizes ranging from 7,112 square feet to 105,000 square feet, and average annual rent per square foot of $16 USD;
- Industry and business needs, with Amarillo's diverse economy and major industries including meat packing, petroleum extraction, agriculture, and aviation, as well as access to a skilled workforce and education institutions like Amarillo College and Texas Tech University Health Sciences Center.
How do I determine the right size and type of commercial property to rent for my business needs?
Determining the right size and type of commercial property to rent for your business needs in Amarillo, Texas requires careful consideration of several factors. With 85 available listings of commercial real estate for lease, you'll want to assess your business requirements and prioritize your needs to find the perfect fit.
- First, evaluate your business operations and identify the minimum square footage required to accommodate your employees, equipment, and inventory. For reference, the average size of commercial properties for lease in Amarillo is 7,112 square feet, with a maximum space size of 105,000 square feet.
- Next, consider the type of commercial property that best suits your business, such as office, retail, industrial, or warehouse space. Think about the amenities and features you need, like parking, loading docks, or proximity to major highways like Interstate 27 and Interstate 40.
- Finally, establish a budget and calculate the average annual rent per square foot, which is currently $16 USD in Amarillo. This will help you narrow down your options and find a property that meets your business needs and financial constraints.
