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New Retail Center on Andrews
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4501 Andrews Highway, Midland, TX 79703

Planned retail center with high visibility and drive-thru.

Days on Market155

Property Features for 4501 Andrews Highway

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI Wheelhouse
Listed By: Logan Greene · License #TX #821315
Source: Naiglobal
Added: Feb 26 Changed: Jul 10 Last Checked: Jul 30 at 4:32AM

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 NAI Wheelhouse

Investment Insights

Based on property information with market context.

This planned new-construction retail center is located on Andrews Highway in Midland, TX, offering visibility to over 30,000 vehicles per day. The project will feature modern retail spaces, including an end-cap with drive-thru capability, suitable for a quick-service restaurant or service-oriented businesses. The site is strategically located with easy access to West Loop 250, situated in the path of Midland’s continued growth and development. The location provides strong traffic counts, excellent accessibility, and long-term upside for retailers seeking a high-profile presence.

Key Highlights

  • Premier visibility on Andrews Highway with over 30,000 vehicles per day.
  • Strategic location with easy access to West Loop 250.
  • Located in the path of Midland's continued growth and development.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
173k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 44% Home Improvements & Furnishings 8% Electronics 2%
McDonald's Dining
31,772 visits/mo 0.3 miles
Murphy USA Shops & Services
27,456 visits/mo 0.1 miles
Dollar Tree Shops & Services
20,987 visits/mo 0.3 miles
SONIC Drive In Dining
16,211 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
14,163 visits/mo 0.3 miles

Demographics for 79703, TX

21,205
Population
8,110
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,262
Density / Sq Mi
$80,281
Median Household Income
$44,977
Median Earnings
$1,466
Median Rent
$220,600
Median Home Value

Market

Lease Benchmarks for Midland, TX

$22.7 /SF/Yr
Avg Asking Price
$12.5–$32 /SF/Yr
Price Range
2,132 SF
Avg Space Size

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?
Retail space - Planned retail center with high visibility and drive-thru.
Where is this retail space located?
The property is located at 4501 Andrews Highway Midland, TX.
What are key features of this property?
This property features: Premier visibility on Andrews Highway with over 30,000 vehicles per day.; Strategic location with easy access to West Loop 250.; Located in the path of Midland's continued growth and development.
More about this property
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