6411 Texas 158
Midland, TX
Price:
$1,667,000
Cap Rate:
6.00%
NOI:
$100,000
Building Size:
Approx. 510 Sq. Ft.
Lot Size:
Approx. 0.41 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2025
Investment Overview
- 2025 Construction. 510+/- SF Building on 0.41+/- Acre Site
- Brand New 10-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years in the Primary Term and Options
- High-Traffic Retail Corridor Located on West Hwy 158 (20,000+ VPD), with Immediate Connectivity to SH 191 (51,000+ VPD)
- Adjacent to Major Costco-Anchored Retail Expansion – $50M, 160,000–180,000 SF Costco (Largest in Texas)
- 3 Miles from Midland International Air & Space Port – First Jointly Located Spaceport and Airport in the World
- 7 Brew – Nation’s Fastest-Growing Drive-Thru Coffee Concept w/ 420+ Locations Across 34 States & has 4,000% Growth Since 2019
- Midland | #1 Fastest-Growing Mid-Sized City in the Nation Fueled by Oil & Gas Sector | Population: 143,687+