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6023 Andrews Hwy
Midland, TX 79706
Starbucks · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 99,419 Residents in Dense Midland Trade Area - Households and Population Projected to Increase 5% in the Immediate Area by 2028
  • Excellent Visibility from TX-191 / Andrews Highway (36,550 Cars per Day)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2023 Construction with a Drive-Thru - Site has Over 500 Feet of Drive-Thru Stacking Capability, Developed to Handle High Volume Sales
  • Adjacent to Chevron’s Mid-Continent Headquarters with 600 Employees, and in Immediate Proximity to Corporate Offices for Other Energy/Oil Companies

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,160 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.78 AC
Parking
25 Spaces
Frontage
255’ on Andrews Highway
  • Listing ID: 31728202

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 6023 Andrews Hwy, Midland, TX 79706