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Single-Tenant NNN Property
For Sale
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Pending

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
Days on Market142

Property Features for 4415 W Wadley Ave

General Information

Standard status Pending
Size 3,641 SF
Lot size 1.11 Acres
Property subtype Retail

Additional Details

Cap Rate 6%

Building Details

Tenancy Single
Listing Agency: thisRealty
Listed By: Dub House, CCIM · License #Texas 296610
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Apr 11 at 1:11PM

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

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.

Key Highlights

  • +/- 1.114‑acre site
  • +/- 3,641 sq.ft. net rentable are
  • Single tenant space

Property Analytics

Current Use

McAlister's Deli Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Daycare Center Electrical Service Food Market

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby
105k
Monthly Visits Nearby

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

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
Rey
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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 are key features of this property?
This property features: +/- 1.114‑acre site; +/- 3,641 sq.ft. net rentable are; Single tenant space
More about this property
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