3601 W Wall St - Convenience Store FOR SALE


Midland, TX 79701
$2,622,000 USD
469-694-4189
3601 W Wall St, Midland, TX for Sale
$2,622,000 USD
Convenience Store - FOR SALE
1/4
null | 5.15% Cap Rate

3601 W Wall St
Midland, TX 79701


HIGHLIGHTS

  • 2025 Construction. 2,800+/- SF Building. 1.01+/- Acre Site
  • On Corner of W Front St (24,310+ VPD) and S Midkiff St (29,136+ VPD), off of W Wall St (26,263+ VPD), Just North of I-20 (52,352+ VPD)
  • Exceptional Surrounding Demographics w/in 5-Miles – 135,000+ People w/ Avg. HH Income Over $130,000
  • 3 Miles from Midland Airpark | Vital Hub for Region’s Business & Corporate Aviation Traffic | 816 AC, 12 T-Hangars, 28,110 Flights/Yr., ~77 Flights/Da
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $20.244B in Revenue Across 1,750+ Locations
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $20.244B in Revenue Across 1,750+ Locations

OVERVIEW

Brand New 20-Year Absolute NNN Ground Lease With 8% Rental Increases Every 5 Years, Plus (4) 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$2,622,000 USD

PRICE/SF

$936 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

R000004-340

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

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