Technical
Financial
Distress signals
Property profile

3303 N Midkiff Rd Midland, TX 79705

FOR LEASE
Shopping centers
Property ID
US83-3815168
Entity Owned 7-yr Hold
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Property summary

AI-generated overview

San Miguel Square is a recently renovated retail shopping center positioned at the northwest corner of N Midkiff Rd and W Wadley Ave in one of Midland’s strongest retail corridors. The center offers a refreshed appearance, strong visibility, and a growing tenant mix designed to serve the surrounding residential and daytime population. San Miguel Square is located on the NWC of N Midkiff Rd and W Wadley Avenue in the heart of Midland, Texas. Adjacent to Trinity School, one of the best private schools in West Texas and across from the top HEB in the region, this neighborhood shopping center is located at one of the busiest and most productive intersections in Midland. The Shopping Center just finished a remodel and ownership is continuing to upgrade the tenant mix to better serve the community. New tenants include Rusty Taco, Amara Gelato, Cpl Rays Coffee, Club Champion, and Posh Kids Boutique.

Property profile

Verified
Property type Shopping centers
UPID US83-3815168

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office
  • Physician
  • Shopping Center & Mall
  • Gym & Fitness Center
  • Restaurant

Location

3303 N Midkiff Rd Midland, TX 79705
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
2 recorded transactions
2021
Price N/A
2019
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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