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4050 E Hwy 158, Midland, TX, 79706

DOLLAR GENERAL
$1,429,250

Key Information

Cap Rate
7%
Tot. SF
9,100
Year Built
2017
Term Remaining
±6.96 YRS
Type
Retail

Highlights

  • Absolute NNN | Zero Landlord Responsibilities
  • Recession-resilient trade area | Anchored by oil, energy services, and industrial infrastructure
  • 7-years remaining on Initial 15-year lease
  • High-Growth corridor | Minutes from Texas’ largest Costco (opening July 2025)
  • ±34,000 residents in 5-mile radius | ±350,000 residents in Midland-Odessa, Texas
  • Hard corner location | Excellent visibility and access at 3-road intersection with ±15,000 VPD
  • Site benefits from nearby industrial and retail investment, travel centers, and workforce traffic
  • ±$122,000 average HH Income in 3-mile radius
  • Midland-Odessa accounts for nearly 15% of Crude Oil production in the United States
  • Dollar General has 21,000+ locations and plans to continue their expansion for the foreseeable future.
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
  • Dollar General boasts an investment-grade credit rating of BBB (S&P)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225