Investment Overview

Puckett Plaza is comprised of three multi-tenant buildings totaling 134,982 square feet of leasable area. Anchored by Ollie’s Bargain Outlet, Bealls, CSL Plasma, and a new long-term lease with Milan Institute, the center is currently 84% occupied, and 58% of the gross leasable area has triple-net lease terms at below market rental rates, providing significant upside potential. The diversified tenant base is a complementary mix of national, regional, and local retailers, including Bank of America, Schlotzsky's, CAre Today, Merle Norman, State Farm, Edward Jones, and others. Puckett Plaza is strategically located at the signalized intersection of SW 34th Avenue and Bell Street in Amarillo, Texas, a key retail trade area that sees high traffic flow exceeding 40,000 vehicles per day cumulatively. The property benefits from its proximity to major roadways, including the busy Bell Street, and easy access to I-27 and I-40, which brings over 100,000 vehicles per day through the area. The center is ideally positioned within a densely populated region, with approximately 149,000 people residing within a five-mile radius. This prime location is supported by a strong demographic base, providing excellent visibility and accessibility to both residents and travelers passing through Amarillo.