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2301 N Big Spring St
Midland, TX 79705
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B
What's Special
5.10% CAP | Prime Hard-Corner Location (163,000+ VPD Combined) <ul><li>Brand New 20 Year Absolute NNN Ground Lease With 8% Rent Bumps Every 5 Years and (4), Five Year Options</li><li>Prime Hard-Corner Location with Exceptional Visibility & Access – Positioned along N Big Spring St (22,000+ VPD) connecting I-20 (55,000+ VPD) and Loop 250 (86,000+ VPD), providing strong regional connectivity and high daily traffic counts.</li><li>Dense Retail Corridor with National Tenants – Surrounded by established retailers including Whataburger, Walgreens, CVS, Dollar
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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
