DG Market | Midland, TX | 3211 Sage St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
DG Market | Midland, TX 3211 Sage St
10,640 SF Retail Building Midland, TX 79705 $3,055,806 ($287/SF) 6.40% Cap Rate
Investment Highlights
- NNN Single Tenant Investment Opportunity
- 5% Rent Increases Every 5 Years During the Initial Term and Each Option
- 15-Year Lease with Five (5), Five (5) Year Options
- Corporate Guarantee by Dollar General Corporation
Executive Summary
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General Market located in Midland, TX The subject property has a 15-year, NNN lease with a estimated delivery date of March 2025 and 5% rent increases every five years during the primary term and each option. This store has an upgraded hardy-plank exterior and is located on Sage Street off of Wadley Ave near downtown Midland, and sees approximately 23,000 VPD near the site with over 86,000 residents within 3 miles. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The subject property is located at 3211 Sage Street in Midland, TX, approximately 16 miles from the Midland International Air & Space Port and 2.5 miles from Midland College in downtown Midland, TX. The Midland-Odessa CSA has historically been the epicenter of oil and gas production in the United States, with the Permian Basin region producing over 43% of the domestic oil supply and 17% of the natural gas supply used in the US.
The subject property is located at 3211 Sage Street in Midland, TX, approximately 16 miles from the Midland International Air & Space Port and 2.5 miles from Midland College in downtown Midland, TX. The Midland-Odessa CSA has historically been the epicenter of oil and gas production in the United States, with the Permian Basin region producing over 43% of the domestic oil supply and 17% of the natural gas supply used in the US.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2025
Construction Status
Under Construction
Price
$3,055,806
Price Per SF
$287
Cap Rate
6.40%
NOI
$195,572
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.96 AC
Nearby Major Retailers
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
DG Market | Midland, TX | 3211 Sage St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.