Brand-New NNN Gas
2301 N Big Spring St Midland, TX 79705
For Sale
Contact for pricing
2024-built gas station offered with a 20-year absolute NNN ground lease and scheduled rental increases.
Property Size2,824 SF
Price / SF$829.13
Days on Market50
Property Features for 2301 N Big Spring St
General Information
- Standard status
- Active
- Size
- 2,824 SF
- Property subtype
- RETAIL
Listing Agency:
Secure Net Lease - Dallas
(214) 915-8896
Listed By:
Anthony Pucciarello · License #548333
Source:
Moodyscre
Added: Jun 5
Changed: Jul 23
Last Checked: Jul 23 at 5:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease - Dallas
Investment Insights
Based on property information with market context.
A 2024 construction gas station facility offering a 2,824+/- SF building on a 1.10+/- acre site. The property is leased under a brand-new 20-year absolute NNN ground lease with 8% rental increases every 5 years and (4) additional 5-year renewal options.
The site is positioned along N Big Spring St with 22,000+ VPD, connecting I-20 (55,000+ VPD) and Loop 250 (86,000+ VPD). Surrounding retail includes Whataburger, Walgreens, CVS, Dollar Tree, Family Dollar, O’Reilly, Popeyes, and more. The area also benefits from nearby daytime population sources, including Midland Memorial Hospital (261 beds) and Midland College (7,000+ students).
The site is positioned along N Big Spring St with 22,000+ VPD, connecting I-20 (55,000+ VPD) and Loop 250 (86,000+ VPD). Surrounding retail includes Whataburger, Walgreens, CVS, Dollar Tree, Family Dollar, O’Reilly, Popeyes, and more. The area also benefits from nearby daytime population sources, including Midland Memorial Hospital (261 beds) and Midland College (7,000+ students).
Key Highlights
- 2024 construction 2,824+/- SF building on a 1.10+/- acre site
- 20‑year absolute NNN ground lease with 8% rental increases every 5 years
- Lease includes (4) additional 5‑year renewal options
Property Analytics
Location Intelligence
Current Use by Public Records
South Plains Community ...
Association / Organization
Murphy USA
Gas Station
FAQs
What type of property is this?
Gas station - 2024-built gas station offered with a 20-year absolute NNN ground lease and scheduled rental increases.
Where is this gas station located?
The property is located at 2301 N Big Spring St Midland, TX.
What is the asking price?
The asking price for this property is $2,341,463.
What are key features of this property?
This property features: 2024 construction 2,824+/- SF building on a 1.10+/- acre site; 20‑year absolute NNN ground lease with 8% rental increases every 5 years; Lease includes (4) additional 5‑year renewal options
