3109 W Loop 250
Midland, TX 79705
Northern Tool: Midland, TX · Retail Property For Sale

Premier Tenant: Northern Tool + Equipment is a family-owned home improvement store which specializes in tools and equipment. The company caters to individual customers, small-to-large businesses, the U.S. Military, non-profit organizations, and many other service industries that rely on quality tools. The company sells tools for a wide number of purposes including gardening, automotive, construction, farming, and many more. Northern Tool + Equipment currently operates 100+ stores across the United States and offers online and catalog shopping. Additionally, the company provides over 1,500 national brands as well as their own products, which are engineered and built in their own manufacturing facilities. Long-term Net Lease: Northern Tool + Equipment’s newly-executed net lease features ±10 years of primary term remaining with two 5-year renewal options. Below Replacement Cost: This offering is an excellent opportunity to acquire a highly-desirable retail box at a price that is significantly below the replacement cost. Excellent Frontage & Visibility: This site has excellent access and visibility on Loop 250 Frontage Road which provides direct access to State Highway 250 (Traffic Count: 73,929 VPD) in front of the site.