3110 N Loop 250 W | Midland, TX 79707
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- LoopNet Team
3110 N Loop 250 W
Midland, TX 79707
Sherwin Williams & Stanton Optical · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied by Sherwin-Williams and Stanton Optical
- Sherwin-Williams (Rated ‘BBB’ by S&P) Accounts for 60% of the Income Stream
- New 2019 Construction with Roof Warranty
- New 10-Year Corporate Leases, Minimal Landlord Responsibilities
- 10% Increases Every 5 Years
- Outparcel to Kohl’s Anchored Center that Includes Crunch Fitness, Ashley Furniture and Natural Grocers
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,700 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.59 AC
Zoning
FDSC
Parking
40 Spaces (5.97 Spaces per 1,000 SF Leased)
Frontage
157’ on N loop 250 W
PROPERTY TAXES
| Parcel Number | 00089700.027.0055 | Improvements Assessment | $822,540 |
| Land Assessment | $104,460 | Total Assessment | $927,000 |
PROPERTY TAXES
Parcel Number
00089700.027.0055
Land Assessment
$104,460
Improvements Assessment
$822,540
Total Assessment
$927,000
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