Mighty Wash Automotive
For Sale
Contact for pricing
Pending
2800 Midland Dr, Midland, TX 79707
Newly constructed facility under an absolute NNN lease with corporate guaranty and multiple access points.
Property SizeContact for details
Days on Market143
Property Features for 2800 Midland Dr
General Information
Standard status
Pending
Property subtype
Retail, Special Purpose
Site & Location
Traffic Count
29,100 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
large monument sign
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Kyle Fant · License #NY 10401281546
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 3:00PM
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 Real Estate Partners New York
Investment Insights
Based on property information with market context.
This newly constructed car wash is offered with fee simple ownership of the land and building. The property is leased on an absolute NNN basis under a new 20-year agreement with three five-year extension options. Contractual rent increases occur at 10% intervals every five years during the initial term and at each option commencement. The lease is corporate guaranteed and places landlord responsibilities with the tenant.
Located at 2800 Midland Dr in Midland, Texas, the site fronts a major retail and commuter corridor carrying an average of 29,100 vehicles daily. Access to State Highway 250 is available through nearby on- and off-ramps, with the highway reporting 69,700 VPD. The property also provides multiple ingress and egress points, substantial street frontage, and a monument sign.
The surrounding retail corridor includes Walmart Supercenter, Target, The Home Depot, Staples, PetSmart, Kohl’s, and H.E.B. Within five miles, the trade area includes more than 129,000 residents and 63,000 daytime employees, with average household income of $127,345.
Located at 2800 Midland Dr in Midland, Texas, the site fronts a major retail and commuter corridor carrying an average of 29,100 vehicles daily. Access to State Highway 250 is available through nearby on- and off-ramps, with the highway reporting 69,700 VPD. The property also provides multiple ingress and egress points, substantial street frontage, and a monument sign.
The surrounding retail corridor includes Walmart Supercenter, Target, The Home Depot, Staples, PetSmart, Kohl’s, and H.E.B. Within five miles, the trade area includes more than 129,000 residents and 63,000 daytime employees, with average household income of $127,345.
Key Highlights
- Newly constructed car wash with fee simple land and building ownership
- Absolute NNN lease with a new 20‑year term and corporate guaranty
- Three 5‑year extension options with 10% increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
29,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 30%
Groceries 30%
Beauty & Spa 2%
United Supermarkets
Groceries
31,307 visits/mo
0.4 miles
Chevron
Shops & Services
12,035 visits/mo
0.4 miles
McAlister's Deli
Dining
11,597 visits/mo
0.4 miles
Wingstop
Dining
9,254 visits/mo
0.5 miles
Dollar General
Shops & Services
8,759 visits/mo
0.1 miles
Demographics for 79707, TX
37,632
Population
16,654
Households
2.3
Avg Household Size
35
Median Age
41%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
530
Density / Sq Mi
$99,979
Median Household Income
$58,351
Median Earnings
$1,383
Median Rent
$382,400
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?
Car wash - Newly constructed facility under an absolute NNN lease with corporate guaranty and multiple access points.
Where is this car wash located?
The property is located at 2800 Midland Dr Midland, TX.
What are key features of this property?
This property features: Newly constructed car wash with fee simple land and building ownership; Absolute NNN lease with a new 20‑year term and corporate guaranty; Three 5‑year extension options with 10% increases every 5 years
