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3601 W Wall St 2,800 SF 4-Star Retail Building Midland, TX 79701 $3,600,268 CAD ($1,285.81 CAD/SF) 5.15% Cap Rate
Investment Highlights
- 2025 Construction. 2,800+/- SF Building. 1.01+/- Acre Site
- Exceptional Surrounding Demographics w/in 5-Miles – 135,000+ People w/ Avg. HH Income Over $130,000
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $20.244B in Revenue Across 1,750+ Locations
- On Corner of W Front St (24,310+ VPD) and S Midkiff St (29,136+ VPD), off of W Wall St (26,263+ VPD), Just North of I-20 (52,352+ VPD)
- 3 Miles from Midland Airpark | Vital Hub for Region’s Business & Corporate Aviation Traffic | 816 AC, 12 T-Hangars, 28,110 Flights/Yr., ~77 Flights/Da
- Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $20.244B in Revenue Across 1,750+ Locations
Executive Summary
Brand New 20-Year Absolute NNN Ground Lease With 8% Rental Increases Every 5 Years, Plus (4) 5-Year Options to Renew
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,600,268 CAD
Price Per SF
$1,285.81 CAD
Cap Rate
5.15%
NOI
$185,414 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.01 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R000004-340 | Improvements Assessment | $2,338,463 CAD |
| Land Assessment | $295,910 CAD | Total Assessment | $2,634,373 CAD |
Property Taxes
Parcel Number
R000004-340
Land Assessment
$295,910 CAD
Improvements Assessment
$2,338,463 CAD
Total Assessment
$2,634,373 CAD
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3601 W Wall St
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