Retail Space
3108 North Loop 250 West Midland, TX 79707
Details & Description
Price: $2,724,000
    Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL), established in 1969 in Lebanon, Tennessee, provides a friendly home-away-from-home in its old country stores and restaurants. Guests are cared for like family while relaxing and enjoying real home-style food and shopping that’s surprisingly unique, genuinely fun, and reminiscent of America’s country heritage, all at a fair price. Restaurants serve up delicious, home-style country food, such as meatloaf and homemade chicken n’ dumplins, as well as signature biscuits using an old family recipe.Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease10% Rental Increases Every 5 Years114,355 Residents within a 5-Mile RadiusGrowing Trade Area - Households & Population Projected to Increase Nearly 11%+ in Immediate Area Over the Next 5 YearsExcellent Visibility Along Loop 250 - More Than 66,500 Cars/Day
    Listing Agents
    Jamie Medress

    O: 602-687-6778
    jmedress@mmreis.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.

    3108 North Loop 250 West

    Midland, TX 79707

    Listing ID: 192132
    3108 North Loop 250 West Midland, TX 79707 | for Sale | Photo 1
    Building Size: 10,099 SF
    Lot Size: 0.800 AC
    Land Size: 34,848 SF
    Building $/SF: $269.73
    Land $/SF: $78.17
    Price
    $2,724,000
    Description

    Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL), established in 1969 in Lebanon, Tennessee, provides a friendly home-away-from-home in its old country stores and restaurants. Guests are cared for like family while relaxing and enjoying real home-style food and shopping that’s surprisingly unique, genuinely fun, and reminiscent of America’s country heritage, all at a fair price. Restaurants serve up delicious, home-style country food, such as meatloaf and homemade chicken n’ dumplins, as well as signature biscuits using an old family recipe.

    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

    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 3108 North Loop 250 West 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 Population11,70971,730111,144
    Population Median Age343435
    Population by Age0-9 Yrs1957 (16%)10838 (15%)17269 (15%)
    10-19 Yrs1093 (9%)9933 (13%)15399 (13%)
    20-29 Yrs2304 (19%)12205 (17%)18432 (16%)
    30-39 Yrs1929 (16%)11257 (15%)16614 (14%)
    40-49 Yrs1548 (13%)8643 (12%)12843 (11%)
    50-59 Yrs1246 (10%)7858 (10%)12583 (11%)
    60-69 Yrs694 (5%)6033 (8%)9773 (8%)
    70+ Yrs937 (8%)4964 (6%)8233 (7%)
    Median HH Income$70,355$86,528$83,985
    Total Household Income< 24K715 (15%)2670 (10%)4543 (11%)
    25-49K816 (17%)4320 (16%)6849 (17%)
    50-74K1021 (21%)4229 (16%)6235 (15%)
    75-99K506 (10%)3699 (14%)5518 (14%)
    100-199K1314 (27%)7851 (30%)11224 (28%)
    200K+361 (7%)3081 (11%)4852 (12%)
    Highest Education LevelNo Diploma55346159170
    Diploma or GED16911134016934
    Some College15791052215983
    Assoc. Degree76641915839
    Bachelors Degree21031043816074
    Higher Degree82641246366
    Total Housing Units5,00927,44841,902
    --Owner-Occupied2,26516,03225,426
    --Renter-Occupied2,4689,81713,794
    Owner-Occupied Values< 100K8712483415
    100-199K72755408203
    200-299K82748576945
    300-399K24722403374
    400-499K18610541458
    500K+19110922031
    Total Working Age Population8,93254,13183,645
    In Work Force6,55239,20359,438
    Not In Work Force2,38014,92824,207
    Workforce Employed6,37938,08757,474
    Workforce Unemployed1741,1081,946
    Civlian Workforce6,55239,19459,420
    Military Workforce0918
    Total Households4,73325,85039,220
    Family Households2,61617,75426,879
    Non-Family Households2,1178,09612,341
    Married Couple1,97113,64720,585
    Other Family6454,1076,294
    Married w/Child9946,0999,182
    Single Male w/Child117583937
    Single Female w/Child3841,9222,786

    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:

    Total Households:

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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 3108 North Loop 250 West in Midland?
    The asking price for 3108 North Loop 250 West is $2,724,000
    What is the building size of this Retail property in Midland, TX?
    The size of the building/unit at 3108 North Loop 250 West in Midland is 10,099 square feet
    How much land does the Midland, TX property at 3108 North Loop 250 West include?
    3108 North Loop 250 West in Midland includes 0.800 acres of land
    What kind of Retail is the propery at 3108 North Loop 250 West?
    The property at 3108 North Loop 250 West Midland, TX 79707 is listed as a Food Service Retail property
    What is the population within 1 mile of 3108 North Loop 250 West in Midland?
    The population within 1 mile of 3108 North Loop 250 West Midland, TX 79707 is 11,709 people.
    Who do I contact for questions about 3108 North Loop 250 West?
    You should contact the listing agent, Jamie Medress, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    3200 North Loop 250 West, Midland, TX $6,070,000 94579 -
    2802 Loop 250 Frontage Rd, Midland, TX $5,642,857 8750 1.76
    4400 Midland Dr, Midland, TX $20,000 1141 -
    3001 Loop 250 Frontage Road, Midland, TX $2,846,000 7479 1
    3001 Loop 250 Frontage Road, Midland, TX $2,846,000 7479 1
    1119 Andrews Highway, Midland, TX CALL 19500 -
    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