4306 W Loop 250 N | Midland, TX 79707
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- LoopNet Team
4306 W Loop 250 N
Midland, TX 79707
On The Border Mexican Grill & Cantina · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 11 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Tenant
- Situated in a Major Retail Corridor Along the TX-250 Loop, a Major Connector for the Midland Area
- 133,438 Residents in Growing Trade Area - Infill Midland, Texas
- 1.25% Annual Rental Increases with Four, Five-Year Renewal Options on Lease
- High Visibility to Passing Traffic with 30,750+ Cars/Day Along Midland Drive and 74,600+ Cars/Day Along the TX-250 Loop
- Surrounded by Major National Retailers - PetSmart, Walmart Supercenter, Target, Home Depot, Chick-fil-A, Wendy’s, Panda Express, Texas Roadhouse, etc.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,946 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.50 AC
Zoning
PDSC
Parking
75 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
174’ on W Loop 250 N
PROPERTY TAXES
| Parcel Number | R000015-100 | Improvements Assessment | $474,210 |
| Land Assessment | $403,480 | Total Assessment | $877,690 |
PROPERTY TAXES
Parcel Number
R000015-100
Land Assessment
$403,480
Improvements Assessment
$474,210
Total Assessment
$877,690
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