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3200 N Loop 250 W
Midland, TX 79707
Kohl's | Crunch Fitness · Retail Property For Sale

Investment Highlights

  • NNN - New Leases with 14+ years remaining
  • E-Commerce Friendly Tenant Mix | Strong National Operators with Strong Credit Backing
  • 100+K Population in 5 mile radius
  • Below Market Rental Rates provides future Upside for Investors
  • Surrounded by National Retailers and 2.5 miles from Midland Park Mall
  • $85+K HH Income in 5 mile radius

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
96,577 SF
Building Class
C
Year Built
2005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
8.39 AC
Zoning
Commercial
Parking
446 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
359’ on Midland Market Place

Amenities

  • Freeway Visibility
  • Signage

Sustainability

LEED Certified
Certified
LEED certification is a globally recognized symbol of sustainability achievement.
Energy Star Certified
78
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

About 3200 N LOOP 250 W , MIDLAND, TX 79707

TREK Investment Group is pleased to offer for sale Crunch-Kohl's Midland, a 96,137 SF shopping center in Midland, Texas. Located just north of the high-traffic intersection of Loop 250 and Highway 191 with traffic counts of 52,000+ VPD, this shopping center is in a premier retail location offering optimal visibility with frontage road access. This property is surrounded by national and local retailers including Ashley HomeStore, Natural Grocers, Cracker Barrel, Rooms To Go, Academy, Lowe's, and many more. Ideal location in one of the most densely populated regions of West Texas including 100+K Residents in a 5-mile radius with Household Income of $85+K. This property offers an investor a long-term NNN asset with strong National Operators having proven experience. The property boasts minimal landlord responsibilities, with the tenant directly responsible for maintaining the entire parcel. Additionally, Kohl's below market rental rates provide future upside for investors.

Property Taxes

Property Taxes

Parcel Number
00089700.027.0056
Land Assessment
$1,356,910
Improvements Assessment
$5,143,090
Total Assessment
$6,500,000
  • Listing ID: 17710235

  • Date on Market: 11/13/2019

  • Last Updated:

  • Address: 3200 N Loop 250 W, Midland, TX 79707

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