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Wienerschnitzel | 20 Year Sale-Leaseback 5313 W Loop 250 N 2,040 SF Retail Building Midland, TX 79707 $3,069,440 CAD ($1,504.63 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 20-Year Sale-Leaseback on Absolute NNN Fee-Simple Lease w/ No Landlord Responsibilities | Land and Building Lease | Investor Able to Depreciate
- 10% Increases Every 5 Years Throughout Initial Term and Options – Strong Hedge Against Inflation
- Excellent 1031 Exchange Property – Essential Use – Pandemic, Internet, and Recession Resistant
- Strong Personal Guaranteed Lease – Experienced 18-Unit Operator
- Strong Sales Reported at This Site | Top 20% of Stores Nationwide
- High Visibility and High Traffic Location Along West Loop 250 N that sees over 48,370+ VPD
EXECUTIVE SUMMARY
The EngVest Group is pleased to present the opportunity to acquire a fee-simple interest in a single-tenant Wienerschnitzel location at 5313 Loop 250 Frontage Rd, Midland, TX 79707. This investment features a 20-year absolute NNN sale-leaseback, providing investors with a long-term, passive income stream with no landlord responsibilities. The lease is backed by a strong personal guarantee from an experienced 18-unit operator, ensuring stability and financial security. Additionally, built-in 10% rent increases every five years offer a strong hedge against inflation, making this property an ideal 1031 exchange asset.
Strategically positioned along West Loop 250 N, which sees over 48,370+ vehicles per day, this location benefits from exceptional visibility and traffic exposure. The site ranks in the top 20% of Wienerschnitzel stores nationwide with strong reported sales, highlighting its excellent performance and customer demand. Midland’s rapidly growing community and robust economy further enhance the site's investment appeal. Nearby, Midland College—a 224-acre campus with over 5,400 enrolled students and 800+ employees—provides a steady customer base, along with surrounding residential neighborhoods and major employers.
This Wienerschnitzel is ideally situated in a highly desirable retail corridor, surrounded by nationally recognized tenants such as Walmart, Target, The Home Depot, Lowe’s, PetSmart, Kohl’s, Chick-Fil-A, and Wendy’s, among others. As a pandemic, internet, and recession-resistant asset, this essential-use property presents a rare opportunity to secure a long-term, high-performing tenant in one of Midland’s most prominent retail destinations.
Strategically positioned along West Loop 250 N, which sees over 48,370+ vehicles per day, this location benefits from exceptional visibility and traffic exposure. The site ranks in the top 20% of Wienerschnitzel stores nationwide with strong reported sales, highlighting its excellent performance and customer demand. Midland’s rapidly growing community and robust economy further enhance the site's investment appeal. Nearby, Midland College—a 224-acre campus with over 5,400 enrolled students and 800+ employees—provides a steady customer base, along with surrounding residential neighborhoods and major employers.
This Wienerschnitzel is ideally situated in a highly desirable retail corridor, surrounded by nationally recognized tenants such as Walmart, Target, The Home Depot, Lowe’s, PetSmart, Kohl’s, Chick-Fil-A, and Wendy’s, among others. As a pandemic, internet, and recession-resistant asset, this essential-use property presents a rare opportunity to secure a long-term, high-performing tenant in one of Midland’s most prominent retail destinations.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,040 SF
Building Class
B
Year Built
2016
Price
$3,069,440 CAD
Price Per SF
$1,504.63 CAD
Cap Rate
6%
NOI
$184,166 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.70 AC
Frontage
202’ on West Loop 250
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
- Wheelchair Accessible
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Wienerschnitzel
- Accommodation and Food Services
- 2,040 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Wienerschnitzel | Accommodation and Food Services | 2,040 SF | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R000215351 | Improvements Assessment | $736,654 CAD |
| Land Assessment | $259,427 CAD | Total Assessment | $996,081 CAD |
PROPERTY TAXES
Parcel Number
R000215351
Land Assessment
$259,427 CAD
Improvements Assessment
$736,654 CAD
Total Assessment
$996,081 CAD
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Wienerschnitzel | 20 Year Sale-Leaseback | 5313 W Loop 250 N
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