5407 Thomason Dr
Midland, TX 79703
Stripes · Retail Property For Sale

This Stripes investment property is located at 5407 Thomason Drive in Midland, Texas on a hard corner of a signalized intersection. Thomason Drive boasts average daily traffic counts exceeding 10,662 vehicles. Thomason Drive intersects with North Loop 250 West which brings an average additional 43,340 vehicles into the immediate area per day. There are more than 59,200 individuals residing within a three-mile radius of the subject property and 114,197 individuals within a five-mile radius. This Stripes property benefits from being located in an affluent suburban community. The average household income within a five-mile radius of the subject property is $104,414. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, car dealerships, and hotels all within close proximity of this property. Major national tenants include: Dollar General, H-E-B Grocery, Sam’s Club, Domino’s Pizza, Potbelly Sandwich Shop, Hilton Garden Inn, Residence Inn, Toyota, BMW, Mercedes-Benz, as well as many more. This Stripes property benefits from being located less than 5 miles from the Midland International Air & Space Port. Midland International Air & Space Port is serviced daily by American, Southwest Airlines, and United Airlines with more than 86,000 flights a year. The subject property benefits from its close proximity to several academic institutions. The most notable is Midland College, located within a five mile radius of the property, with a total enrollment exceeding 6,500 students. Midland is a city in, and the county seat of, Midland County, Texas, located on the Southern Plains of the state’s western area. Midland is conveniently located on Interstate 20, halfway between Fort Worth and El Paso. Midland features over 185,000 square feet of meeting space, many unique museums, delicious food, and exciting music and nightlife. The city is a thriving community of more than 111,000 people. The Permian Basin, of which Midland is the geographic center, is said to contain 16%+ of the nation’s oil reserves. Midland brings together everything travelers want in a modern city without the inconvenience of traffic congestion. Midland’s is synonymous with Texas high school football, Midland and Odessa having inspired the hit movie and TV show, Friday Night Lights. Midland is a city where the possibilities are endless.