2209 Rankin Hwy | Midland, TX 79701
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2209 Rankin Hwy
Midland, TX 79701
Advance Auto Parts - Extended/Walmart Outpad · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Lease – 5-Year Extension Executed in 2021
- Located As Outparcel to Walmart Supercenter – Multiple Access Points and 28,000 Cars Daily Along Rankin Hwy
- 113,543 Residents Within 5 Miles – Midland County is Top Oil Producing County in the State
- Placer.ai reports this store’s visits ranks 414/3,572 (88%) nationally and 13/198 (93%) in Texas
- Passive Lease Structure - Landlord Responsible for Roof, Structure, HVAC and Parking Lot (2021 Improvements to Roof, HVAC and Parking Lot)
PROPERTY FACTS
Property Type
Retail
Building Size
6,831 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.00 AC
Zoning
LR2
PROPERTY TAXES
| Parcel Number | R000011-446 | Improvements Assessment | $666,180 |
| Land Assessment | $54,350 | Total Assessment | $720,530 |
PROPERTY TAXES
Parcel Number
R000011-446
Land Assessment
$54,350
Improvements Assessment
$666,180
Total Assessment
$720,530
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