Leased Shopping Center
For Sale
Contact for pricing
Pending
3116 N Loop 250 W, Midland, TX 79707
Two retail buildings combine freestanding and inline configurations within the Midland Market Place area.
Property SizeContact for details
Days on Market144
Property Features for 3116 N Loop 250 W
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Building Details
Buildings
2
Listing Agency:
RealSpace
(972) 465-8400
Listed By:
Jason Morahan · License #TX 0427616
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:36PM
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 RealSpace
Investment Insights
Based on property information with market context.
This offering includes two retail buildings associated with the Midland Market Place shopping center. Together, the properties contain just over 26,000 square feet of retail space and are reported as 100% leased. One building is freestanding at the corner of the Loop 250 West service road and Tremont Avenue, while the other is an inline component of a larger, multi-parcel shopping center.
The properties are located at 3116 and 3322 N. Loop 250 West in Midland, Texas. Existing leases include My Salon Suite and KPot; both leases had commenced while the respective tenant improvements remained underway, with openings anticipated during the second quarter of 2023.
The properties are located at 3116 and 3322 N. Loop 250 West in Midland, Texas. Existing leases include My Salon Suite and KPot; both leases had commenced while the respective tenant improvements remained underway, with openings anticipated during the second quarter of 2023.
Key Highlights
- Two retail buildings totaling just over 26,000sf
- 100% leased retail portfolio
- Freestanding building at Loop 250 West service road and Tremont Avenue
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
293k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 36%
Dining 27%
Home Improvements & Furnishings 21%
Shops & Services 8%
Academy Sports + Outdoors
Apparel
61,572 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
48,983 visits/mo
0.5 miles
Kohl's
Apparel
39,675 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
24,254 visits/mo
0.2 miles
Buffalo Wild Wings
Dining
12,926 visits/mo
0.2 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?
Shopping center - Two retail buildings combine freestanding and inline configurations within the Midland Market Place area.
Where is this shopping center located?
The property is located at 3116 N Loop 250 W Midland, TX.
What are key features of this property?
This property features: Two retail buildings totaling just over 26,000sf; 100% leased retail portfolio; Freestanding building at Loop 250 West service road and Tremont Avenue
