Retail Space
3001 Loop 250 Frontage Road Midland, TX 79705
Details & Description
Price: $2,846,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Blue Sky Burger investment property located in Midland, Texas. The tenant, Blue Sky Burger, recently signed a brand new 10 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features scheduled rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
    Property ID:    256399
    Property URL: melqr.com/256399
    Generated:    04-26-24
    Listing Agents
    Britt Raymond

    O: 704-517-4712
    britt.raymond@srsre.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.
    Retail Space / Texas / Midland / 79705 / 3001 Loop 250 Frontage Road

    3001 Loop 250 Frontage Road

    Midland, TX 79705

    Listing ID: 256399
    Print Single-Page Version
    3001 Loop 250 Frontage Road Midland, TX 79705 | for Sale | Photo 1
    Building Size: 7,479 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $380.53
    Land $/SF: $65.34
    Price
    $2,846,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Blue Sky Burger investment property located in Midland, Texas. The tenant, Blue Sky Burger, recently signed a brand new 10 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features scheduled rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

    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 3001 Loop 250 Frontage Road Midland, TX 79705

    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 Population12,67274,861129,061
    Population Median Age373535
    Population by Age0-9 Yrs1877 (14%)11023 (14%)20622 (15%)
    10-19 Yrs1269 (10%)9654 (12%)17389 (13%)
    20-29 Yrs2596 (20%)13093 (17%)21439 (16%)
    30-39 Yrs1864 (14%)11612 (15%)20008 (15%)
    40-49 Yrs1111 (8%)8321 (11%)14710 (11%)
    50-59 Yrs1519 (11%)7907 (10%)14308 (11%)
    60-69 Yrs1114 (8%)6848 (9%)11188 (8%)
    70+ Yrs1321 (10%)6404 (8%)9398 (7%)
    Median HH Income$86,480$87,628$78,723
    Total Household Income< 24K498 (9%)3138 (11%)6121 (13%)
    25-49K848 (16%)4525 (16%)7468 (16%)
    50-74K860 (17%)4400 (15%)7593 (17%)
    75-99K652 (13%)3355 (12%)5993 (13%)
    100-199K1591 (31%)8410 (30%)11864 (26%)
    200K+561 (11%)3688 (13%)5110 (11%)
    Highest Education LevelNo Diploma484397612354
    Diploma or GED19091101420674
    Some College20091150418946
    Assoc. Degree46840096248
    Bachelors Degree25841289416603
    Higher Degree84251996611
    Total Housing Units5,34929,50647,357
    --Owner-Occupied2,81616,68628,770
    --Renter-Occupied2,19410,83015,378
    Owner-Occupied Values< 100K559574213
    100-199K30341819021
    200-299K136559617927
    300-399K73528313472
    400-499K20811761667
    500K+14915802470
    Total Working Age Population10,01057,09996,880
    In Work Force7,57040,88768,823
    Not In Work Force2,44116,21228,057
    Workforce Employed7,35639,68866,405
    Workforce Unemployed1971,1822,393
    Civlian Workforce7,55340,87068,799
    Military Workforce171725
    Total Households5,01027,51644,148
    Family Households3,06018,03030,026
    Non-Family Households1,9499,48614,122
    Married Couple2,25813,98222,334
    Other Family8024,0487,692
    Married w/Child7915,93410,088
    Single Male w/Child2158671,273
    Single Female w/Child2871,6843,015

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Martin County4,746+14,799+266,044+267,618
    Midland County116,009+18136,872+37187,364+43268,123

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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 3001 Loop 250 Frontage Road in Midland?
    The asking price for 3001 Loop 250 Frontage Road is $2,846,000
    What is the building size of this Retail property in Midland, TX?
    The size of the building/unit at 3001 Loop 250 Frontage Road in Midland is 7,479 square feet
    How much land does the Midland, TX property at 3001 Loop 250 Frontage Road include?
    3001 Loop 250 Frontage Road in Midland includes 1.000 acres of land
    What kind of Retail is the propery at 3001 Loop 250 Frontage Road?
    The property at 3001 Loop 250 Frontage Road Midland, TX 79705 is listed as a Food Service Retail property
    What is the population within 1 mile of 3001 Loop 250 Frontage Road in Midland?
    The population within 1 mile of 3001 Loop 250 Frontage Road Midland, TX 79705 is 12,672 people.
    Who do I contact for questions about 3001 Loop 250 Frontage Road?
    You should contact the listing agent, Britt Raymond, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    3001 Loop 250 Frontage Road, Midland, TX $2,846,000 7479 1
    4400 Midland Dr, Midland, TX $20,000 1141 -
    1119 Andrews Highway, Midland, TX CALL 19500 -
    3200 North Loop 250 West, Midland, TX $6,070,000 94579 -
    3108 North Loop 250 West, Midland, TX $2,724,000 10099 0.8
    2802 Loop 250 Frontage Rd, Midland, TX $5,642,857 8750 1.76
    2600 W Wall St, Midland, TX $1,035,000 13700 1.26
    6112 Texas 349, Midland, TX CALL 21720 2.07
    801 West Wall Street, Midland, TX CALL 6919 0.97
    1608 South Main Street, Midland, TX CALL 2646 0.96

    Closest Commercial Airports

    Airport Distance (mi)
    Lubbock Preston Smith International Airport (LBB) 114
    Rick Husband Amarillo International Airport (AMA) 222
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 250
    Price
    $2,846,000
    Listing Agent
    Britt Raymond - CRE Agent at

    Britt Raymond

    SRS New York

    VIEW AGENT PROFILE

    CONTACT AGENT

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