1113 E Scharbauer Dr

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1113 E Scharbauer Dr

Midland, TX 79705
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail restaurant space measuring 2,040 square feet
  • Located on E Scharbauer Dr in Midland Texas
  • Situated within the economically active Permian Basin region
  • Designed to accommodate functional food service operations
  • Accessible site for local consumer and worker traffic

What's Special

Midland serves as a central hub for the Permian Basin, a region defined by its significant role in the domestic energy sector and a consistent demand for commercial services. Positioned on E Scharbauer Dr, this 2,040 square foot retail property offers visibility in a highly active corridor of the city. The layout is specifically suited for restaurant operations, providing a functional footprint for food service business owners or investors seeking a hospitality-focused asset in a stable Texas market. The site benefits from the surrounding retail landscape, which supports a steady flow of residents and local workers throughout the business day. This building allows for a variety of dining configurations, making it a practical addition to a commercial portfolio in a growing regional economy. Its strategic placement provides accessibility for both lunch and evening service, catering to the established commercial density found throughout Midland.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times