5313 W Loop 250 N - Fast Food FOR SALE


Midland, TX 79707- Fairmont Park
$2,400,000 USD
469-916-8811
5313 W Loop 250 N, Midland, TX for Sale
$2,400,000 USD
Fast Food - FOR SALE
1/10
null | 5.5% Cap Rate

5313 W Loop 250 N
Midland, TX 79707
Fairmont Park


HIGHLIGHTS

  • 20-Year Sale-Leaseback on Absolute NNN Fee-Simple Lease w/ No Landlord Responsibilities | Land and Building Lease | Investor Able to Depreciate
  • Strong Personal Guaranteed Lease – Experienced 18-Unit Operator
  • 10% Increases Every 5 Years Throughout Initial Term and Options – Strong Hedge Against Inflation
  • Strong Sales Reported at This Site | Top 20% of Stores Nationwide
  • Excellent 1031 Exchange Property – Essential Use – Pandemic, Internet, and Recession Resistant
  • High Visibility and High Traffic Location Along West Loop 250 N that sees over 48,370+ VPD

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$821 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wienerschnitzel | 20 Year Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

R000215351

ASK ABOUT THIS PROPERTY

Austin CheExp Commercial of California, Inc.More Info
469-916-8811

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Austin CheExp Commercial of California, Inc.More Info
469-916-8811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.