Multi-Tenant NNN Retail
For Sale
Contact for pricing
Pending
2503 S Gregg St, Big Spring, TX 79720
Eight-tenant retail center with long-term occupants, NNN leases, and an out-parcel position beside a Walmart Supercenter.
Property SizeContact for details
Days on Market145
Property Features for 2503 S Gregg St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SRS National Net Lease Group
(480) 221-4221
Listed By:
Steven Roberts · License #CA 02046646
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 2:42AM
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 SRS National Net Lease Group
Investment Insights
Based on property information with market context.
Big Spring Crossing is a multi-tenant NNN property containing eight suites and 19,065 SF of improvements constructed in 2015. Occupants include AT&T, Hibachi Express, VIP Nails, Shannon Medical Center, and the Cash Store. Five tenants have occupied the property since construction, while five of the eight leases include five-year extension options with scheduled rent increases. AT&T has extended its term through May 2026, and the Shannon medical tenant expanded its space and extended occupancy through January 2028.
The property serves as an out-parcel to a 158,000-square-foot Walmart Supercenter, identified as the only Walmart in the Big Spring market and within 40 miles. Additional surrounding retailers include Dollar Tree, Boot Barn, Anytime Fitness, McDonald’s, and Hibbett Sports. The site has frontage and visibility along S. Gregg Street, which carries 14,900 VPD, near W. Marcy Drive and its 18,100 VPD. The property is also across the street from the George H. O’Brien Jr. VA Medical Center, a 250-bed hospital serving more than 56,000 veterans.
The property serves as an out-parcel to a 158,000-square-foot Walmart Supercenter, identified as the only Walmart in the Big Spring market and within 40 miles. Additional surrounding retailers include Dollar Tree, Boot Barn, Anytime Fitness, McDonald’s, and Hibbett Sports. The site has frontage and visibility along S. Gregg Street, which carries 14,900 VPD, near W. Marcy Drive and its 18,100 VPD. The property is also across the street from the George H. O’Brien Jr. VA Medical Center, a 250-bed hospital serving more than 56,000 veterans.
Key Highlights
- Eight‑tenant, 19,065 SF retail property constructed in 2015
- NNN leases with minimal landlord responsibilities
- Out‑parcel to a 158,000‑square‑foot Walmart Supercenter
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 79720, TX
31,948
Population
13,309
Households
2.4
Avg Household Size
38
Median Age
16%
College-Educated
82%
High-School Grad
986.0 sq mi
ZIP Area
32
Density / Sq Mi
$71,194
Median Household Income
$42,167
Median Earnings
$994
Median Rent
$146,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Eight-tenant retail center with long-term occupants, NNN leases, and an out-parcel position beside a Walmart Supercenter.
Where is this nnn property located?
The property is located at 2503 S Gregg St Big Spring, TX.
What are key features of this property?
This property features: Eight‑tenant, 19,065 SF retail property constructed in 2015; NNN leases with minimal landlord responsibilities; Out‑parcel to a 158,000‑square‑foot Walmart Supercenter
