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Property profile

5701 Starboard Dr Midland, TX 79706

OFF-MARKET
Retail properties & Spaces
Built 2015
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Property summary

AI-generated overview

Gateway Plaza, located at 5701 Starboard Dr in Midland, Texas, offers a prime retail opportunity encompassing three suites totaling 5,860 square feet. This single-story, 2015-built property sits on a 3.64-acre lot and is served by city utilities. The space is ideal for multiple tenants, with Suite 2 measuring 1,518 square feet, Suite 6 at 2,467 square feet, and Suite 7 offering 1,875 square feet. The building features no elevators. This exceptional location in Midland County, Texas, zip code 79706, presents a unique chance to establish or expand a retail presence. The lease rate is $22.00 per square foot, plus NNN charges. This property is situated in a thriving area, offering excellent visibility and accessibility for customers. The combined space provides ample room for a variety of retail uses, making it a versatile and attractive option for businesses seeking a prominent location in Midland. The property's modern construction and convenient amenities ensure a comfortable and efficient business environment. Contact us today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2015

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5701 Starboard Dr Midland, TX 79706
Midland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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