What is the asking price for 1600 S Coulter?

The lease rate for space here is Contact for pricing.

What is the total size of 1600 S Coulter?

The property has a total square footage of 17,973 SF.

When was this property built?

1600 S Coulter was built in 1980.

How many parking spaces are available at 1600 S Coulter?

Parking information for the property isn't currently listed. However, other nearby parking options include Employee Parking, located 0.17 miles away , and Patient & Visitor Parking A, which is 0.25 miles away.

1600 Coulter S, Amarillo, TX 79106

For Sale $4,395,000
Property Type Office - Medical Office
Property Size 17,973 SF
Lot Size 1.56 Acre
Building Class A
Year Built 1980
Year Renovated 2011
Date Updated Mar 4, 2026

Description

Located in the heart of the Medical District on South Coulter Street, directly across from BSA Hospital & Northwest Texas Hospital. The property is surrounded by key institutions such as Amarillo Family Physicians, Amarillo National Bank, BCBS of Texas, Atmos Energy, Texas Oncology, Toot N’ Totum, Texas Tech Health Science Center, and the Texas Tech Vet School.This NNN Leased Investment property in Amarillo, TX is a great opportunity for 1031 exchange or Institutional buyers. Tenant: BSA Hospital (Owned by publicly traded Ardent Health Inc.) 5 year lease term (commenced February 2026) 2% annual increases Average net income of $294,083.27 Cash on Cash return of 6.69% NNN Lease (excluding Roof and Structural) Starting rate of $15.88 psf (below market) Located directly across the street from BSA Hospital Within 250 yards of BSA Hospital which qualifies the Tenant as on On-Campus Hospital Outpatient Department (HOPD) which allows the Tenant to charge "hospital rates" and "facility fees"