Downtown Amarillo Retail

Downtown Amarillo

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
300
As of: January 19, 2017

Downtown Amarillo Rates

The typical asking rate per listing is in the $60's per square foot per year. The Downtown Amarillo submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $50 per sqft per year. That's a 291% rise in rent.

Downtown Amarillo Listing Supply

In the last 90 days, 21 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 300 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1964 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 folk. Commuting close to 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