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 Features for 2301 N Big Spring St
General Information
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Investment Insights
Based on property information with market context.
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
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 79705, TX
Market
Vacancy Rate% for Retail in South region