Single-Tenant NNN
For Sale
Contact for pricing
4415 W Wadley Ave, Midland, TX 79707
Triple-net structure includes renewal options and an in-progress tenant update.
Property Size3,641 SF
Lot Size1.11 Acres
Price / SF$796.48
Days on Market1155
Property Features for 4415 W Wadley Ave
General Information
Standard status
Active
Size
3,641 SF
Lot size
1.11 Acres
Property subtype
Retail
Zoning
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Additional Details
Cap Rate
6%
Building Details
Year Built
2010
Year Renovated
2021
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
thisRealty
Listed By:
Dub House, CCIM · License #Texas 296610
Source:
Crexi
Added: Aug 22, 2023
Changed: Oct 10
Last Checked: Oct 16 at 7:35AM
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 thisRealty
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Investment Insights
Based on property information with market context.
Located at 4415 W Wadley Ave in Midland, this NNN property includes a single-tenant space totaling approximately 3,641 square feet of net rentable area on a 1.114-acre site. The asset is configured for one occupant and is undergoing a tenant update.
Lease terms include a recent five-year renewal along with two additional five-year renewal options. The lease is structured on a triple-net basis, providing a defined framework for the tenancy. The property is positioned in Midland, Texas, at the West Wadley Avenue address provided.
Lease terms include a recent five-year renewal along with two additional five-year renewal options. The lease is structured on a triple-net basis, providing a defined framework for the tenancy. The property is positioned in Midland, Texas, at the West Wadley Avenue address provided.
Key Highlights
- +/- 1.114‑acre site
- +/- 3,641 sq.ft. net rentable are
- Single tenant space
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
454
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
0.2 miles
Chevron
Shops & Services
12,035 visits/mo
0.1 miles
McAlister's Deli
Dining
11,597 visits/mo
0.1 miles
Wingstop
Dining
9,254 visits/mo
0.2 miles
Dollar General
Shops & Services
8,759 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Triple-net structure includes renewal options and an in-progress tenant update.
Where is this nnn property located?
The property is located at 4415 W Wadley Ave Midland, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: +/- 1.114‑acre site; +/- 3,641 sq.ft. net rentable are; Single tenant space
