5313 W Loop 250 N | Midland, TX 79707
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- LoopNet Team
5313 W Loop 250 N
Midland, TX 79707
Wienerschnitzel | 20 Year Sale-Leaseback · Retail Property For Sale
Investment Highlights
- 20-Year Sale-Leaseback on Absolute NNN Fee-Simple Lease w/ No Landlord Responsibilities | Land and Building Lease | Investor Able to Depreciate
- 10% Increases Every 5 Years Throughout Initial Term and Options – Strong Hedge Against Inflation
- Excellent 1031 Exchange Property – Essential Use – Pandemic, Internet, and Recession Resistant
- Strong Personal Guaranteed Lease – Experienced 18-Unit Operator
- Strong Sales Reported at This Site | Top 20% of Stores Nationwide
- High Visibility and High Traffic Location Along West Loop 250 N that sees over 48,370+ VPD
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,040 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.70 AC
Frontage
202’ on West Loop 250
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
- Wheelchair Accessible
Property Taxes
| Parcel Number | R000215351 | Improvements Assessment | $524,720 |
| Land Assessment | $184,790 | Total Assessment | $709,510 |
Property Taxes
Parcel Number
R000215351
Land Assessment
$184,790
Improvements Assessment
$524,720
Total Assessment
$709,510
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