Midland, TX 79707

On The Border

Property Address

4306 West Loop 250 North Frontage Road, Midland, TX, USA

Offering Summary

  • Price: $3,573,000
  • Lot Size: 1.5 Acres
  • Cap Rate: 5.0%
  • Year Built: 1996
  • Building SF: 6,946
  • Status: Available
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  • 11 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Tenant
  • 1.25% Annual Rental Increases with Four, Five-Year Renewal Options on Lease
  • Situated in a Major Retail Corridor Along the TX-250 Loop, a Major Connector for the Midland Area
  • High Visibility to Passing Traffic with 30,750+ Cars/Day Along Midland Drive and 74,600+ Cars/Day Along the TX-250 Loop
  • 133,438 Residents in Growing Trade Area - Infill Midland, Texas
  • Surrounded by Major National Retailers - PetSmart, Walmart Supercenter, Target, Home Depot, Chick-fil-A, Wendy’s, Panda Express, Texas Roadhouse, and More
  • Average Household Income Exceeds $152K within a 3-Mile Radius

Broker Information