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Estes Park Shopping Center 6409 N Big Spring St 17,000 SF 85% Leased Retail Building Midland, TX 79706 $7,500,000 ($441.18/SF)
Investment Highlights
- Newly constructed, high-quality retail asset
- Highly visible pylon signage available along TX-349 (N Big Spring Street)
- Cap Rate: 7.04%
- Long-term stability with 10-year lease terms; first lease expiration in 2034
- Minimal competitive retail space within the immediate trade area
Executive Summary
NNN Retail For Sale with Additional Land! Estes Park Shopping Center is offered as a package investment opportunity consisting of a 16,873 SF, multi-tenant retail shopping center and a 2.95 AC developable land tract. The income-producing retail is newly constructed and located along TX-349 in Northeast Midland, providing strong frontage, excellent visibility, and exposure to approximately 19,000 VPD. With more than half occupany, Building 1 is anchored by 349 Liquors, a fully operational drive-through liquor store. The remaining space is leased to TapHouse Bar & Kitchen, which is under construction and scheduled to open Spring of 2026, positioning the asset for additional income stabilization in the near term. Building 2 is 100% leased to Philly’s Golf Club, a virtual golf club and bar featuring a private members’ area that opened in October 2025, providing immediate and consistent cash flow.
The additional land provides immediate value-add potential for future retail or commercial development, allowing an investor to benefit from both stabilized cash flow and long-term growth. The surrounding trade area continues to experience residential expansion, with roughly 2,000 new homes planned or under development nearby, supporting sustained tenant demand and future appreciation.
Building 1 | Suite 1 349 Liquors: Fully built-out with HVAC and plumbing; operating liquor store
Building 1 | Suite 2 Vacant: Landlord to deliver in warm vanilla shell condition
Building 1 | Suite 3 TapHouse Kitchen & Bar: First-generation restaurant with full build-out, including grease trap, vent hood, commercial-grade cooler, HVAC, and plumbing Building 2 | Suite 1 Philly’ s Golf Club: First-generation restaurant and golf club with full build-out, including a full service bar, HVAC, and plumbing.
The additional land provides immediate value-add potential for future retail or commercial development, allowing an investor to benefit from both stabilized cash flow and long-term growth. The surrounding trade area continues to experience residential expansion, with roughly 2,000 new homes planned or under development nearby, supporting sustained tenant demand and future appreciation.
Building 1 | Suite 1 349 Liquors: Fully built-out with HVAC and plumbing; operating liquor store
Building 1 | Suite 2 Vacant: Landlord to deliver in warm vanilla shell condition
Building 1 | Suite 3 TapHouse Kitchen & Bar: First-generation restaurant with full build-out, including grease trap, vent hood, commercial-grade cooler, HVAC, and plumbing Building 2 | Suite 1 Philly’ s Golf Club: First-generation restaurant and golf club with full build-out, including a full service bar, HVAC, and plumbing.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
17,000 SF
Building Class
B
Year Built
2024
Price
$7,500,000
Price Per SF
$441.18
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
5.19 AC
Frontage
98’ on Texas 349
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Tenant Controlled HVAC
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2A | Building 1
- 1,250 SF
- Retail
- -
- Now
- 2B | Building 1
- 1,250 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2A | Building 1 | 1,250 SF | Retail | - | Now |
| 2B | Building 1 | 1,250 SF | Retail | - | Now |
2A | Building 1
| Size |
| 1,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2B | Building 1
| Size |
| 1,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
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Estes Park Shopping Center | 6409 N Big Spring St
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