San Miguel Square 3303 N Midkiff Rd 76,396 SF 84% Leased Retail Building Midland, TX 79705 $29,836,352 CAD ($390.55 CAD/SF) 6.35% Cap Rate

San Miguel Square is a 83.64% leased 76,396 SF open air lifestyle retail shopping destination located across from one of the top performing H-E-B locations (Neilsen & Placer.AI) within an affluent submarket of Midland, Texas. A generational investment opportunity, the Property was fully renovated in 2021 and is across the street/shadowed to a top-performing H-E-B Grocery store. San Miguel Square is on +/- 4.87 Acres at the signalized intersection of Midkiff Road and Wadley Avenue and boasts a complimentary mix of retail, soft goods, service, restaurant and medical tenants with rents averaging just $22.31 PSF NNN. San Miguel Square benefits from shallow bay depth, an average suite size of 2,634 SF for retail shop space, engaging southwest motif architectural elements, multiple ingress/egress points, and a large highly visible two-sided pylon sign. The Property benefits from exceptional demographics in which the average household income exceeds $138,900, $133,100 and $128,000 in a one-, three- and five-mile radii, respectively. Notable retailers in the immediate area include H-E-B, Walgreens, H-E-B Fuel, Starbucks, Lululemon, Coach, ULTA Dick’s Sporting Goods and Chase Bank amongst others.