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2314 W Loop 250 N
Midland, TX 79705

$6,351,000 USD

Restaurant For Sale  •  6,192 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,192 SF
  • Lot Size 1.45 AC
  • Building Class C
  • Year Built 1994
  • Tenancy Single
  • Zoning PDSC
0 Transit Score
50 Walk Score

Highlights

Absolute NNN lease features ±12.0 years of primary term remaining with three 5-year renewal options and a corporate guaranty from Bloomin’ Brands.
The offering boasts rare annual rent increases of 1.8%.
Located along both Faulkner Drive and West Loop 250 North (45,200 VPD).
5.7 MSF of retail, 3.7 MSF of office, and 2.3 MSF of industrial within a 3-mile radius.
Surrounded by dense residential with nearly 4,200 households and 1,900+ multifamily units within a mile.
Population of 71,349 and an average household income of $138,810 within a 5-mile radius.

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 18 min - 13.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 125
Type: Surface
Included in Rent: Yes
Christopher Bosworth 404-441-3849 CBRE, Inc.
Christopher Bosworth 404-441-3849 CBRE, Inc.