Downtown Amarillo Retail

Downtown Amarillo

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,770
As of: June 26, 2017

Downtown Amarillo Rates

Most listings are in the $10's per square foot per year. The Downtown Amarillo region is seeing a a boost in rates. In the last 3 months, the median rate increased $19 per sqft per year.

Downtown Amarillo Listing Supply

In the last 90 days, 22 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 41% of the available space in the Downtown Amarillo are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,770 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1963 and are Class A.

Downtown Amarillo Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Amarillo occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Amarillo.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Amarillo.
Research

Amarillo Submarkets