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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6409 Big Spring St Midland, TX 79705

8,500 SF
Property ID
Property summary
AI-generated overview

This brand-new, 8,500 square foot retail center in Midland, Texas, offers 9,500 square feet of vacant space, divisible into units ranging from 1,000 to 2,500 square feet. Located on 1.15 acres at 6409 N Big Spring St, 79705, it boasts over 200 feet of highway frontage on TX-349, enjoying high visibility with an average daily traffic count of approximately 19,000 vehicles. The center is situated in a rapidly expanding residential area of Midland County, with an anticipated influx of 2,000 new homes. This prime location offers excellent potential for businesses seeking high traffic exposure. The property features unique architectural design and high-quality finishes. Tenant Improvement (TI) allowances are available, and shell space options provide flexibility for diverse business needs. Pylon signage is also available. Delivery is expected in Q2 2024. This is a rare opportunity to secure retail space in one of the Permian Basin's fastest-growing areas.

Property profile
Verified
Property type Retail properties & Spaces
Total area 8,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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