Midland, TX 79707

Cracker Barrel Ground Lease

Property Address

3108 North Loop 250 West, Midland, TX, USA

Offering Summary

  • Price: $2,724,000
  • Lot Size: 2.27 Acres
  • Cap Rate: 5.25%
  • Year Built: 2004
  • Building SF: 10,099
  • Status: Available
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  • Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 114,355 Residents within a 5-Mile Radius
  • Growing Trade Area - Households & Population Projected to Increase Nearly 11%+ in Immediate Area Over the Next 5 Years
  • Excellent Visibility Along Loop 250 - More Than 66,500 Cars/Day
  • Situated in Dense Retail Corridor - Lowes, Academy Sports + Outdoors, Kohl’s, Mardel, Dickey’s Barbecue Pit, Bowlero, and More
  • Outparcel to Kohl’s, Natural Grocers, and Maurices, and Ashley HomeStore
  • Strong Daytime Population - 133,379 Employees in Surrounding Area

Broker Information