Retail Space
2802 Loop 250 Frontage Rd Midland, TX 79707
Details & Description
Price: $5,642,857
    Highlights Single Tenant Absolute NNN 15 Year Lease 2019 Construction 10% rent increase every 5 years 54,597 VPD on Loop 250 23,014 VPD on Midkiff Road 16,167 Households in a 3-mile radius 49,575 Population in a 3-Mile radiusDescriptionPROPERTY DESCRIPTIONWalk-On's planned for Midland, TX. The larger pad size, ample parking, large 8,750 sq. ft. building will make the Walk-On's site stand out above the rest.LOCATION DESCRIPTIONLocated in Midland, TX. Midland is the county seat of Midland County, it is part of the Midland-Odessa greater area and sits on I-20. The city's population is 132,950 (as of 2015). The Midland area is home to Midland College, the Midland RockHounds (a Texas League minor league baseball team. It is the Double-A affiliate of the Oakland Athletics), and the West Texas United Sockers (Premier Development League),.
    Listing Agents
    Beau Tucker

    M: 806-784-3944
    btucker@cbcworldwide.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2802 Loop 250 Frontage Rd

    Midland, TX 79707

    Listing ID: 179832
    2802 Loop 250 Frontage Rd Midland, TX 79707 | for Sale | Photo 1
    Building Size: 8,750 SF
    Lot Size: 1.760 AC
    Land Size: 76,665 SF
    Building $/SF: $644.90
    Land $/SF: $73.60
    Price
    $5,642,857
    Description
    Highlights





    Single Tenant Absolute NNN
    15 Year Lease
    2019 Construction
    10% rent increase every 5 years




    54,597 VPD on Loop 250
    23,014 VPD on Midkiff Road
    16,167 Households in a 3-mile radius
    49,575 Population in a 3-Mile radius





    Description

    PROPERTY DESCRIPTION


    Walk-On's planned for Midland, TX. The larger pad size, ample parking, large 8,750 sq. ft. building will make the Walk-On's site stand out above the rest.





    LOCATION DESCRIPTION


    Located in Midland, TX. Midland is the county seat of Midland County, it is part of the Midland-Odessa greater area and sits on I-20. The city's population is 132,950 (as of 2015). The Midland area is home to Midland College, the Midland RockHounds (a Texas League minor league baseball team. It is the Double-A affiliate of the Oakland Athletics), and the West Texas United Sockers (Premier Development League),.



    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Midland History of Retail Space for Sale

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    Midland Area Market Trends

    Listing Demographics for 2802 Loop 250 Frontage Rd Midland, TX 79707

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,13772,531112,364
    Population Median Age353435
    Population by Age0-9 Yrs1865 (16%)10914 (15%)17504 (15%)
    10-19 Yrs1111 (9%)10124 (13%)15600 (13%)
    20-29 Yrs2066 (18%)12285 (16%)18672 (16%)
    30-39 Yrs1843 (16%)11361 (15%)16800 (14%)
    40-49 Yrs1450 (13%)8809 (12%)12943 (11%)
    50-59 Yrs1195 (10%)7954 (10%)12695 (11%)
    60-69 Yrs665 (5%)6092 (8%)9864 (8%)
    70+ Yrs942 (8%)4992 (6%)8285 (7%)
    Median HH Income$69,656$85,940$83,460
    Total Household Income< 24K672 (14%)2741 (10%)4610 (11%)
    25-49K780 (17%)4337 (16%)6952 (17%)
    50-74K1000 (22%)4298 (16%)6304 (15%)
    75-99K479 (10%)3787 (14%)5578 (14%)
    100-199K1248 (27%)7869 (30%)11245 (28%)
    200K+323 (7%)3034 (11%)4819 (12%)
    Highest Education LevelNo Diploma55847969526
    Diploma or GED15921160217159
    Some College15641065216110
    Assoc. Degree72342015853
    Bachelors Degree19331039116040
    Higher Degree78241056349
    Total Housing Units4,76227,68642,224
    --Owner-Occupied2,21816,30225,615
    --Renter-Occupied2,2849,76413,893
    Owner-Occupied Values< 100K10613773535
    100-199K77957688289
    200-299K74148506966
    300-399K24622083371
    400-499K16910311450
    500K+17810682003
    Total Working Age Population8,45054,71084,499
    In Work Force6,14739,58759,914
    Not In Work Force2,30315,12324,585
    Workforce Employed5,97738,45757,922
    Workforce Unemployed1701,1221,973
    Civlian Workforce6,14739,58059,896
    Military Workforce0818
    Total Households4,50226,06639,507
    Family Households2,52917,94827,085
    Non-Family Households1,9738,11812,422
    Married Couple1,87013,79620,707
    Other Family6594,1526,378
    Married w/Child9316,1969,252
    Single Male w/Child124576948
    Single Female w/Child3871,9282,826

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Midland County116,009+18136,872+37187,364+43268,123

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2802 Loop 250 Frontage Rd in Midland?
    The asking price for 2802 Loop 250 Frontage Rd is $5,642,857
    What is the building size of this Retail property in Midland, TX?
    The size of the building/unit at 2802 Loop 250 Frontage Rd in Midland is 8,750 square feet
    How much land does the Midland, TX property at 2802 Loop 250 Frontage Rd include?
    2802 Loop 250 Frontage Rd in Midland includes 1.760 acres of land
    What is the population within 1 mile of 2802 Loop 250 Frontage Rd in Midland?
    The population within 1 mile of 2802 Loop 250 Frontage Rd Midland, TX 79707 is 11,137 people.
    Who do I contact for questions about 2802 Loop 250 Frontage Rd?
    You should contact the listing agent, Beau Tucker, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    3108 North Loop 250 West, Midland, TX $2,724,000 10099 0.8
    3200 North Loop 250 West, Midland, TX $6,070,000 94579 -
    4400 Midland Dr, Midland, TX $20,000 1141 -
    1119 Andrews Highway, Midland, TX CALL 19500 -
    3001 Loop 250 Frontage Road, Midland, TX $2,846,000 7479 1
    3001 Loop 250 Frontage Road, Midland, TX $2,846,000 7479 1
    2600 W Wall St, Midland, TX $1,035,000 13700 1.26
    801 West Wall Street, Midland, TX CALL 6919 0.97
    2101 Rankin Hwy, Midland, TX $1,409,523 1462 0.36
    1608 South Main Street, Midland, TX CALL 2646 0.96

    Closest Commercial Airports

    Airport Distance (mi)
    Lubbock Preston Smith International Airport (LBB) 116
    Rick Husband Amarillo International Airport (AMA) 223
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 253