6409 Tx-349 Midland, TX 79705
This exceptional new retail shopping center, totaling 8,500 square feet, is situated on a 1.15-acre lot in rapidly developing Midland County, Texas. Completed in 2024, the center offers three available spaces ranging from 1,000 to 1,250 square feet each. The modern design boasts high-quality finishes and unique architectural features. Tenants benefit from a Tenant Improvement (TI) Allowance, enabling personalized space customization. The flexibility extends to shell space options, catering to a variety of business needs. This prime location boasts excellent visibility from TX-349, a major thoroughfare, and includes pylon signage opportunities. The property's strategic placement within one of the Permian Basin's fastest-growing residential areas is further enhanced by the imminent arrival of 2,000 new homes, ensuring a robust and expanding customer base. This presents a rare opportunity to establish a business in a thriving community with significant future growth potential. Delivery is scheduled for Q2 2024.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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