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Midland, TX 79706

Starbucks

Property Address

6023 Andrews Highway, Midland, TX, USA

Offering Summary

  • Price: $2,620,000
  • Lot Size: .78 Acres
  • Year Built: 2023
  • Building SF: 2,160
  • Status: CLOSED
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  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 99,419 Residents in Dense Midland Trade Area - Households and Population Projected to Increase 5% in the Immediate Area by 2028
  • New 2023 Construction with a Drive-Thru - Site has Over 500 Feet of Drive-Thru Stacking Capability, Developed to Handle High Volume Sales
  • Excellent Visibility from TX-191 / Andrews Highway (36,550 Cars per Day)
  • Adjacent to Chevron’s Mid-Continent Headquarters with 600 Employees, and in Immediate Proximity to Corporate Offices for Other Energy/Oil Companies

Broker Information

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