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Brand-New NNN Gas Station
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2301 N Big Spring St, Midland, TX 79705

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 Market95

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
Listed By: Anthony Pucciarello · License #621734
Source: Moodyscre
Added: Jun 5 Changed: Sep 2 Last Checked: Sep 7 at 10:57AM

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).

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

Current Use

South Plains Community ... Association / Organization Murphy USA Gas Station

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby
121k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 29% Groceries 5%
Rosa's Cafe Dining
26,099 visits/mo 0.1 miles
Whataburger Dining
19,315 visits/mo 0.4 miles
Dollar Tree Shops & Services
14,442 visits/mo 0.2 miles
SONIC Drive In Dining
12,077 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
11,677 visits/mo 0.4 miles

Demographics for 79705, TX

44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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
(214) 915-8896 Call to check price and availability
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