2201 W Texas Ave - Fast Food FOR SALE
Midland, TX 79701 |
2201 W Texas Ave
Midland, TX 79701
HIGHLIGHTS
- Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years & (3) 5-Year Options to Renew
- Located Right off the Signalized Intersection of W Wall St (14,800+ VPD) & Andrews Hwy (33,567+ VPD)
- Adjacent to Midland Memorial Hospital, the Largest Hospital in Midland-Odessa with 2,500+ Employees, 225+ Beds, & Generates $1.3 Billion in Revenue
- Average HH Income in a 1, 3, 5-Mile Radius Are All Over $133,000. The 5-Mile Radius Has Over 135,000 People and an Average HH Income Over $151,000.
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- Midland | Projected to be the Fastest Growing Mid-Sized-City in the Country | MSA Population: 338,085+
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
7 Brew Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
510
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R000052-248
