3320 W Loop 250 N - Restaurant FOR SALE


Midland, TX 79707
$3,250,000 USD
214-915-8890
3320 W Loop 250 N, Midland, TX for Sale
$3,250,000 USD
Restaurant - FOR SALE
1/6
null | 6% Cap Rate

3320 W Loop 250 N
Midland, TX 79707


HIGHLIGHTS

  • 2023 Construction. 3,294+/- SF Building on 0.87+/- Acre Site
  • Located Along W Loop 250 (52,700+ VPD), a Major Connector for the Midland Area
  • Only 1 Mile from Midland College, a Public College w/ Over 5,180 Enrolled Students & 800 Employees
  • Across from Midland Park Mall, a 635,788+ SF Shopping Mall w/ Tenants Dillard’s, JCPenny, Dick’s Sporting Goods, & Many More.
  • Hawaiian Bros is One of the Fastest Growing and Highest Performing Restaurant Brands w/ Average Unite Volume of $4.6M
  • Midland | Part of the 2nd largest Oil & Gas Region in the World | Population: 134,755+

OVERVIEW

20 Year Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Option Periods

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$987 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hawaiian Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Russell SmithSecure Net LeaseMore Info
214-915-8890

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Russell SmithSecure Net LeaseMore Info
214-915-8890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.