Rent-a-Center

The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire the fee simple interest in a single-tenant retail property leased to Rent-A-Center, located at 2100 S Georgia Street, Amarillo, TX 79109. The property consists of a 5,895 square foot freestanding building situated on 0.29 acres in the heart of Amarillo’s established south-central retail corridor.
Strategically positioned along South Georgia Street, one of Amarillo’s primary north-south arteries with over 25,000 vehicles per day, the property benefits from excellent visibility and access to surrounding neighborhoods and major retailers. The site sits among numerous neighborhood shopping centers featuring essential national and regional retailers providing a steady customer base and consistent retail traffic to the corridor.
The property is leased to Rent-A-Center Texas, LP, a subsidiary of Upbound Group, Inc. (NASDAQ: UPBD), under a double net (NN) lease structure. The current lease term runs through December 31, 2033 and includes a 30% rent increase on January 1, 2028. There are also two (2) five-year renewal options at 10% rent increases each term, offering secure and growing cash flow backed by a national credit tenant.
With over 25 years of operating history at this location, Rent-A-Center has demonstrated long-term commitment to the market and success within this trade area. Amarillo continues to experience steady economic and population growth, supported by a diversified employment base and strong retail fundamentals. This offering presents investors with the opportunity to acquire a proven, credit-backed retail asset in a high-traffic, established retail corridor with minimal landlord responsibilities and durable cash flow.

Available