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Freestanding Single-Tenant NNN Retail Property
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3301 North Midkiff Road, Midland, TX 79705

Freestanding retail building occupied entirely by AT&T under a NN lease with limited landlord responsibilities.

Property Size4,000 SF
Lot Size0.52 Acres
Price / SF$609.29
Days on Market17

Property Features for 3301 North Midkiff Road

General Information

Standard status Active
Size 4,000 SF
Lot size 0.52 Acres
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Stabilized

Site & Location

Corner Location Yes
Pylon Signage Yes
Traffic Count 50,600 vehicles/day
Road Access Yes

Additional Details

Gross Income $154,760

Building Details

Year Built 2012
Buildings 1
Tenancy Single
Listing Agency: EDGE Realty Partners Dallas / Fort Worth
Listed By: Ryan Griffin · License #TX 585606
Source: Crexi
Added: Aug 7 Changed: Aug 23 Last Checked: Aug 22 at 2:25PM

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 EDGE Realty Partners Dallas / Fort Worth

Investment Insights

Based on property information with market context.

This freestanding retail property contains a 4,000-square-foot building completed in 2012 on approximately 0.52 acres. AT&T occupies the entire building under a NN lease. The tenant reimburses taxes, insurance, common area maintenance, and management fees, while the landlord retains responsibility for roof and exterior structural repairs. The lease extends through December 31, 2027, and includes one remaining five-year renewal option with a 10% rent increase.

The property is positioned at the intersection of North Midkiff Road and West Wadley Avenue in Midland, Texas, with multiple access points and a two-sided pylon sign. Combined traffic counts exceed 50,600 vehicles per day. H-E-B is directly across the intersection, and nearby retail operators include Walgreens, H-E-B Fuel, Whataburger, Starbucks, Nothing Bundt Cakes, Rusty Taco, Monarch Dental, Club Pilates, I Luv Pho, and Mint Salon.

Key Highlights

  • 4,000‑square‑foot retail building completed in 2012
  • Approximately 0.52 acres at North Midkiff Road and West Wadley Avenue
  • AT&T occupies the entire building under a NN lease

Property Analytics

Current Use

AT&T Store Mobile Phone Store Tom Hedke Car ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,600 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
213k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 50% Dining 28% Shops & Services 17% Beauty & Spa 3%
H-E-B Groceries
96,159 visits/mo 0.1 miles
Whataburger Dining
29,226 visits/mo 0.1 miles
H-E-B Fuel Shops & Services
22,728 visits/mo 0.1 miles
Starbucks Dining
18,418 visits/mo 0.1 miles
Texaco Shops & Services
11,853 visits/mo 0.1 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail building occupied entirely by AT&T under a NN lease with limited landlord responsibilities.
Where is this nnn property located?
The property is located at 3301 North Midkiff Road Midland, TX.
What is the asking price?
The asking price for this property is $2,437,165.
What are key features of this property?
This property features: 4,000‑square‑foot retail building completed in 2012; Approximately 0.52 acres at North Midkiff Road and West Wadley Avenue; AT&T occupies the entire building under a NN lease
(214) 621-2965 Call to check price and availability
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