6409 N Big Spring St - Storefront FOR SALE


Midland, TX 79706
$7,500,000 USD
432-682-2510
6409 N Big Spring St, Midland, TX for Sale
$7,500,000 USD
Storefront - FOR SALE
1/40
null | Request Cap Rate

6409 N Big Spring St
Midland, TX 79706


HIGHLIGHTS

  • Newly constructed, high-quality retail asset
  • Long-term stability with 10-year lease terms; first lease expiration in 2034
  • Highly visible pylon signage available along TX-349 (N Big Spring Street)
  • Minimal competitive retail space within the immediate trade area
  • Cap Rate: 7.04%

OVERVIEW

NNN Retail For Sale with Additional Land! Estes Park Shopping Center is offered as a package investment opportunity consisting of a 16,873 SF, multi-tenant retail shopping center and a 2.95 AC developable land tract. The income-producing retail is newly constructed and located along TX-349 in Northeast Midland, providing strong frontage, excellent visibility, and exposure to approximately 19,000 VPD. With more than half occupany, Building 1 is anchored by 349 Liquors, a fully operational drive-through liquor store. The remaining space is leased to TapHouse Bar & Kitchen, which is under construction and scheduled to open Spring of 2026, positioning the asset for additional income stabilization in the near term. Building 2 is 100% leased to Philly’s Golf Club, a virtual golf club and bar featuring a private members’ area that opened in October 2025, providing immediate and consistent cash flow. The additional land provides immediate value-add potential for future retail or commercial development, allowing an investor to benefit from both stabilized cash flow and long-term growth. The surrounding trade area continues to experience residential expansion, with roughly 2,000 new homes planned or under development nearby, supporting sustained tenant demand and future appreciation. Building 1 | Suite 1 349 Liquors: Fully built-out with HVAC and plumbing; operating liquor store Building 1 | Suite 2 Vacant: Landlord to deliver in warm vanilla shell condition Building 1 | Suite 3 TapHouse Kitchen & Bar: First-generation restaurant with full build-out, including grease trap, vent hood, commercial-grade cooler, HVAC, and plumbing Building 2 | Suite 1 Philly’ s Golf Club: First-generation restaurant and golf club with full build-out, including a full service bar, HVAC, and plumbing.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$882 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Estes Park Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.19 AC

LAND SF

226,076 SF

ZONING

-

APN/PARCEL ID

00083650.001.0010

ASK ABOUT THIS PROPERTY

Trey DennisMoriah GroupMore Info
432-682-2510

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Trey DennisMoriah GroupMore Info
432-682-2510

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