4050 E Hwy 158 | Midland, TX 79706
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4050 E Hwy 158
Midland, TX 79706
Texas New Development Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Development Dollar General - Heart of Permian Basin - Largest Oil Field in the World
- 34,000+ 5-Mile Population - Strong Population Growth Projected Over Next 5 Years
- Located at Intersection of 3 Different Roadways Combined Traffic Counts Around 11,000 Vehicles Per Day
- 15-Year Absolute NNN Lease Rent Commenced 2017
- Dollar General has a Market Cap of $44B and it’s Stock (NAS: DG) Continues to Trade at all Time Highs
- Desirable Wide and Shallow Floor Plan
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.94 AC
Zoning
F1 - Real Commercial
Parking
29 Spaces
Frontage
421’ on Texas 158
ABOUT 4050 E HWY 158 , MIDLAND, TX 79706
The Subject Property has great exposure as it is located at the intersections of 3 Roads (TX HWY 158, CR 120, and CR 1150) with combined traffic counts over 11,000 per day. Several large industrial tenants surround the property, creating tremendous traffic in front of the Subject Property. Midland has a population over 134,000 and is the 24th largest city in Texas.
PROPERTY TAXES
| Parcel Number | R000215364 | Improvements Assessment | $1,148,977 |
| Land Assessment | $54,510 | Total Assessment | $1,203,487 |
PROPERTY TAXES
Parcel Number
R000215364
Land Assessment
$54,510
Improvements Assessment
$1,148,977
Total Assessment
$1,203,487
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