Absolute NNN Restaurant
For Sale
$2,208,000
5315 W Loop 250 N, Midland, TX 79707
Single-tenant absolute NNN restaurant on W Loop 250 with traffic count over 63,000 CPD.
Property Size2,040 SF
Price / SF$1,082
Days on Market59
Property Features for 5315 W Loop 250 N
General Information
Standard status
Active
Size
2,040 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Financials
Cap Rate
6.25%
Business Included
Yes
Additional Details
Traffic Count
63,000 vehicles/day
Amenities
Successful Store Operating with a $200,000 Profit
New, 25-Year Sale-Leaseback with 15-Year Personal Guaranty (Net Worth Exceeds $20MM)
Ranked in the Top 25% of the Entire Wienerschnitzel System
Building Details
Building Size
2,040 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Craig Elster · License #License(s): CA: 01958307
(949) 419-3223
Source:
Marcusmillichap
Added: Jul 9
Changed: Aug 31
Last Checked: Sep 4 at 2:06AM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This for-sale, single-tenant absolute NNN restaurant property is offered with zero landlord responsibilities. The asset is sized at 2,040 square feet and features scheduled 10% rental increases throughout the initial term. The current operator is an experienced Wienerschnitzel franchisee with 25+ years of multi-unit operation, and the franchisee intends to continue growing additional Wienerschnitzel locations.
The property is located at 5315 W Loop 250 N in Midland, Texas, on the main retail corridor with reported traffic over 63,000 CPD. It is positioned in close proximity to major retailers including Lowe’s, Walmart, Home Depot, Verizon, Kohl’s, Sherwin-Williams, and Cracker Barrel, among others. The area also places the site near Midland College (about 5 miles away) and regional aviation and aerospace infrastructure, including Midland International Air & Space Port (about 10 miles) and Midland Airpark (about 5 miles).
The property is located at 5315 W Loop 250 N in Midland, Texas, on the main retail corridor with reported traffic over 63,000 CPD. It is positioned in close proximity to major retailers including Lowe’s, Walmart, Home Depot, Verizon, Kohl’s, Sherwin-Williams, and Cracker Barrel, among others. The area also places the site near Midland College (about 5 miles away) and regional aviation and aerospace infrastructure, including Midland International Air & Space Port (about 10 miles) and Midland Airpark (about 5 miles).
Key Highlights
- Single‑tenant absolute NNN restaurant on W Loop 250
- On W Loop 250 with traffic count over 63,000 CPD
- Absolute NNN structure with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
63,000 VPD
Traffic count
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
262k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Dining 21%
Home Improvements & Furnishings 20%
Shops & Services 8%
Academy Sports + Outdoors
Apparel
61,572 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
48,983 visits/mo
0.3 miles
Kohl's
Apparel
39,675 visits/mo
0.4 miles
Buffalo Wild Wings
Dining
12,926 visits/mo
0.4 miles
Mardel Christian & Education
Shops & Services
10,943 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant absolute NNN restaurant on W Loop 250 with traffic count over 63,000 CPD.
Where is this conventional restaurant located?
The property is located at 5315 W Loop 250 N Midland, TX.
What is the asking price?
The asking price for this property is $2,208,000.
What are key features of this property?
This property features: Single‑tenant absolute NNN restaurant on W Loop 250; On W Loop 250 with traffic count over 63,000 CPD; Absolute NNN structure with zero landlord responsibilities
