2201 W Texas Ave | Midland, TX 79701
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- LoopNet Team
2201 W Texas Ave
Midland, TX 79701
7 Brew Coffee · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years & (3) 5-Year Options to Renew
- Adjacent to Midland Memorial Hospital, the Largest Hospital in Midland-Odessa with 2,500+ Employees, 225+ Beds, & Generates $1.3 Billion in Revenue
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- Located Right off the Signalized Intersection of W Wall St (14,800+ VPD) & Andrews Hwy (33,567+ VPD)
- Average HH Income in a 1, 3, 5-Mile Radius Are All Over $133,000. The 5-Mile Radius Has Over 135,000 People and an Average HH Income Over $151,000.
- Midland | Projected to be the Fastest Growing Mid-Sized-City in the Country | MSA Population: 338,085+
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
510 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.48 AC
Zoning
LR2
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