220 S McMasters St

220 S MCMASTERS 220 S McMasters, Amarillo, TX 79102 Outstanding opportunity to acquire a single-tenant retail investment in Amarillo, Texas. This approximately 2,000 SF steel building, built in 1984, sits on a hard-corner site totaling 14,810 SF (.34 acres), offering excellent visibility and convenient access near S McMasters Ave and SW 3rd Ave. The property is currently leased to H&R Block, a long-established tenant that has operated at this location for 15 years, providing investors with stable occupancy and proven site performance. The asset features a full NNN lease structure, helping minimize landlord responsibilities and create a more passive income stream. Offered at $350,000, this investment presents an attractive 8.57% cap rate. Its corner positioning, established tenancy, and accessible infill location make it a compelling option for investors seeking reliable cash flow with long-term upside in a well-trafficked neighborhood retail corridor.

Investment highlights

Currently leased to H&R Block, same location for 15 years

Cap Rate 8.57

Full NNN lease