Investment Overview

Martindale Shopping Center is a well-established neighborhood retail property strategically situated to serve a dense residential area in Amarillo, Texas. The center comprises multi-tenant and single-tenant buildings totaling 75,104 square feet, situated on two parcels totaling approximately 6.9 acres. Landlord reports significant capital improvements totaling more than $373,000 have been completed, including partial roof replacement, parking lot resurfacing, exterior power washing and painting, parking lot lighting, sign repairs and upgrades, and white box vacant spaces. The center is currently 96 percent occupied with a complementary mix of credit and local tenants. Anchored by Family Dollar and Dollar Tree, other major tenants consist of USPS, H&R Block, Martin Road Optometry, Fred Loya Insurance, Athenas Furniture Outlet, and others. Strategically positioned along East Amarillo Boulevard (Historic Route 66) at two signalized hard corners, this infill corridor benefits from strong commuter traffic, proximity to Downtown Amarillo, and direct connectivity to the region’s primary highway network, serving a dense base of workforce households and logistics-driven employment. United Supermarkets is located one block west of the property, and numerous other national retailers are in the area including Aaron's, O'Reilly Auto Parts, Rent-A-Center, Braum's, AutoZone, and others. Martindale Shopping Center is also in close proximity to Palo Duro High School and several hotels, providing additional foot traffic to the area.