2101 Rankin Hwy | Midland, TX 79701
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- LoopNet Team
2101 Rankin Hwy
Midland, TX 79701
Take 5 Oil Change · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Hard Corner Location
- Adjacent to several new properties undergoing re-development
- 10-Year absolute NNN Ground Lease - Corporate Guaranty
- Over 115,000 people in a 5-mile radius
- Nearby tenants include Walmart, McDonald’s, Advance Auto, Tractor Supply, and Starbucks
- Fixed 10% rental increases in base term as well as options
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,462 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.16 AC
Zoning
LR2
Parking
5 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
100’ on Rankin Hwy
PROPERTY TAXES
| Parcel Number | R000011-444 | Improvements Assessment | $216,650 |
| Land Assessment | $21,000 | Total Assessment | $237,650 |
PROPERTY TAXES
Parcel Number
R000011-444
Land Assessment
$21,000
Improvements Assessment
$216,650
Total Assessment
$237,650
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