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Single-Tenant Industrial

SRS Distribution - Amarillo, TX

10020 S Georgia St, Amarillo, TX 79118

Listing Price: $2,092,800

Cap Rate
6.50%
Gross SF
17,004
Price/Gross SF
$123.08
Lot Size
3.51 acres
Year Built
2013
Rentable SF
17,004

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the “property” known as Southern Shingles, located at 11020 S Georgia Street in Amarillo. The Property consists of a 17,004 square foot building constructed in 2009 on 3.51 acres. Southern Shingles, a subsidiary of SRS Distribution, is a roofing distributor focused on providing materials to local contractors and customers. The network of distributors has 341 locations across the United States and produced $3.1 Billion in revenue during Fiscal Year 2019. This property is located on the Southern part of Amarillo and investors can enjoy an state income tax-free income from a high credit company serving the growing State of Texas.

Investment Highlights

  • Eight Year Operating History from Tenant.
  • High-Credit Tenant (B3 CFR - Moody's).
  • NNN Lease in an income tax-free state.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Single-Tenant Industrial

SRS Distribution - Amarillo, TX

Listing Price: $2,092,800

Cap Rate
6.50%
Gross SF
17,004
Price/Gross SF
$123.08
Lot Size
3.51 acres
Year Built
2013
Rentable SF
17,004

Investment Highlights

  • Eight Year Operating History from Tenant.
  • High-Credit Tenant (B3 CFR - Moody's).
  • NNN Lease in an income tax-free state.

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the “property” known as Southern Shingles, located at 11020 S Georgia Street in Amarillo. The Property consists of a 17,004 square foot building constructed in 2009 on 3.51 acres. Southern Shingles, a subsidiary of SRS Distribution, is a roofing distributor focused on providing materials to local contractors and customers. The network of distributors has 341 locations across the United States and produced $3.1 Billion in revenue during Fiscal Year 2019. This property is located on the Southern part of Amarillo and investors can enjoy an state income tax-free income from a high credit company serving the growing State of Texas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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