Popeyes NNN Restaurant
For Sale
Contact for pricing
3002 N Big Spring St, Midland, TX 79705
Single-tenant restaurant investment with a new absolute NNN lease and multiple access points.
Property SizeContact for details
Days on Market141
Property Features for 3002 N Big Spring St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Franklin Street
Listed By:
Justin Sturdivant · License #TN 333989
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:25PM
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 Franklin Street
Investment Insights
Based on property information with market context.
This single-tenant Popeyes Louisiana Kitchen property occupies a 0.62-acre parcel improved with an approximately 1,948-square-foot restaurant building. The asset includes three points of ingress and egress and will carry a new 20-year absolute NNN lease with a seasoned RBI Brands franchisee. Base-term rent increases are set at 7.5 percent every five years, with the same increases applying through four five-year renewal options.
The restaurant is positioned at the corner of N Big Spring St and W Dengar Ave in Midland, directly along N Big Spring St, a north-south thoroughfare. The intersection records traffic counts exceeding 28,000 cars per day. The surrounding five-mile area includes more than 135,000 residents and average household income above $116,000. Midland Airport, Midland College, Claydesta Business Center, CVS, Walgreens, Wells Fargo, Black Rifle Coffee, and West Texas National Bank are also identified within the immediate trade area.
The restaurant is positioned at the corner of N Big Spring St and W Dengar Ave in Midland, directly along N Big Spring St, a north-south thoroughfare. The intersection records traffic counts exceeding 28,000 cars per day. The surrounding five-mile area includes more than 135,000 residents and average household income above $116,000. Midland Airport, Midland College, Claydesta Business Center, CVS, Walgreens, Wells Fargo, Black Rifle Coffee, and West Texas National Bank are also identified within the immediate trade area.
Key Highlights
- Popeyes Louisiana Kitchen on a 0.62‑acre parcel
- Approximately 1,948‑square‑foot restaurant building
- New 20‑year absolute NNN lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
975
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 31%
Groceries 5%
Rosa's Cafe
Dining
26,099 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,442 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,677 visits/mo
0.0 miles
Gatti's Pizza
Dining
10,654 visits/mo
0.4 miles
Wells Fargo
Shops & Services
6,868 visits/mo
0.2 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant restaurant investment with a new absolute NNN lease and multiple access points.
Where is this nnn property located?
The property is located at 3002 N Big Spring St Midland, TX.
What are key features of this property?
This property features: Popeyes Louisiana Kitchen on a 0.62‑acre parcel; Approximately 1,948‑square‑foot restaurant building; New 20‑year absolute NNN lease
