6023 Andrews Hwy | Midland, TX 79706
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- LoopNet Team
6023 Andrews Hwy
Midland, TX 79706
Starbucks · Retail Property For Sale
Investment Highlights
- New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
- 99,419 Residents in Dense Midland Trade Area - Households and Population Projected to Increase 5% in the Immediate Area by 2028
- Excellent Visibility from TX-191 / Andrews Highway (36,550 Cars per Day)
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- New 2023 Construction with a Drive-Thru - Site has Over 500 Feet of Drive-Thru Stacking Capability, Developed to Handle High Volume Sales
- Adjacent to Chevron’s Mid-Continent Headquarters with 600 Employees, and in Immediate Proximity to Corporate Offices for Other Energy/Oil Companies
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,160 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.78 AC
Parking
25 Spaces
Frontage
255’ on Andrews Highway
Property Taxes
| Parcel Number | 0085830.007.0100 | Improvements Assessment | $0 |
| Land Assessment | $324,990 | Total Assessment | $324,990 |
Property Taxes
Parcel Number
0085830.007.0100
Land Assessment
$324,990
Improvements Assessment
$0
Total Assessment
$324,990
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