Listing Agency: KM Realty - Dallas-Fort Worth Show Phone

Listed By: Steven Stone

Source: Moodyscre

Added: Nov 28, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:54AM

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Investment Insights

Based on property information with market context.

This 2,000 square foot retail space is located at 4700 Briarwood in Midland, TX. The property benefits from excellent visibility and consistent daytime traffic. It is situated in the center of a high-income demographic area.

Key Highlights

• Centred in the middle of a high‑income demographic
• Consistent daytime traffic
• Excellent visibility

Property Analytics

Property Profile

Current Use

Luxury Nail Spa Nail Salon Domino's Pizza Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Accounting Firm HVAC Service (Bike/Boat/Book/etc) 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

395

Businesses Nearby

350k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 40% Dining 34% Shops & Services 25% Electronics 1%

Walmart Superstores

141,524 visits/mo 0.3 miles

Chick-fil-A Dining

40,703 visits/mo 0.4 miles

Texas Roadhouse Dining

38,410 visits/mo 0.4 miles

PetSmart Shops & Services

26,578 visits/mo 0.4 miles

Dollar Tree Shops & Services

25,085 visits/mo 0.4 miles

Market

Lease Benchmarks for Midland, TX

$22.17 /SF/Yr

Avg Asking Price

$12.5–$28 /SF/Yr

Price Range

3,709 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 - Retail space with high visibility and consistent daytime traffic.

Where is this retail space located?

The property is located at 4700 Briarwood Midland, TX.

What are key features of this property?

This property features: Centred in the middle of a high‑income demographic; Consistent daytime traffic; Excellent visibility