5400 Frio Dr - Retail FOR SALE


Midland, TX 79707
$3,500,000 USD
432-682-2510
5400 Frio Dr, Midland, TX for Sale
$3,500,000 USD
Retail - FOR SALE
1/36
null | 7.53% Cap Rate

5400 Frio Dr
Midland, TX 79707


HIGHLIGHTS

  • 100% Occupied Investment Opportunity
  • 7.53% CAP Rate
  • Long-Term National Credit Tenant
  • Stabilized Asset with Existing Tenant Income
  • 5,733 SF Retail/Office Building | 0.72 Acres
  • Prime Location Near Loop 250 & Briarwood Avenue

OVERVIEW

5400 Frio Drive is a 100% occupied investment property consisting of a 5,733 SF retail/office building situated on approximately 0.72 acres in Midland, Texas. The property features quality brick construction, a metal roof, professional landscaping, and ample on-site parking. Well-maintained and strategically positioned, this stabilized asset offers investors the opportunity to acquire a fully leased property within one of Midland's desirable commercial corridors. 12 Treatment Rooms + Flex Room Sauna with Red Light Therapy Large Hydrotherapy Soaking Tub Plumbing & Electrical Connections in Every Treatment Room Integrated Speakers & White Noise Throughout Recessed Dimmable Lighting Throughout Back-of-House Area | Kitchen | (2) Restrooms | (4) Washer & Dryer Hookups (4) Restrooms Total | (2) Locker Rooms with Showers Raised Floor Access for Electrical & Building Systems Sound Insulation | Blown Insulation | Metal Roof 42 On-Site Parking Spaces Automatic Sprinkler System | Professional Landscaping 10,000+ VPD on Briarwood Avenue Strong Retail & Residential Trade Area

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$611 USD /SF

CAP RATE

7.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Opportunity | 7.53% CAP

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

00056470.017.0020

ASK ABOUT THIS PROPERTY

Wes GotcherMoriah GroupMore Info
432-682-2510

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Wes GotcherMoriah GroupMore Info
432-682-2510

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