Midland, TX - Super Pollo
$3,218,000
1800 Rankin Hwy, Midland, TX
6
Cap Rate
193,056
NOI
Details:
Description:
SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Super Pollo investment property located in Midland, Texas. The tenant recently executed a brand new 15-year lease with two (2) 5-year renewal options, demonstrating long-term commitment to the site. The lease features 2% annual rental increases throughout the primary term and option periods, supporting steady NOI growth and providing a hedge against inflation. The property features brand new 2026 construction with high-quality materials, modern finishes, and drive-thru infrastructure. The lease is personally guaranteed by Andy Martinez, co-owner and principal of the Super Pollo brand, and structured as absolute NNN with zero landlord responsibilities, making it an ideal management-free investment opportunity for a passive or out-of-state investor.
The property is strategically positioned within a dense retail corridor along Rankin Highway, alongside national retailers including Walmart Supercenter, Tractor Supply Co., Take 5, and others. Newly developed neighboring brands such as Chick-fil-A and Whataburger further validate the trade area, drive consumer traffic, and promote cross-shopping activity at the site. The property also benefits from proximity to community anchors including IDEA Travis and Midland Freshman High School, which contribute to consistent daily traffic. Additionally, the site is surrounded by numerous multifamily communities, including Park Glen, Palladium Midland, The Azure, Flatz 432, Constellation Ranch, and Compass Pointe, providing a direct residential consumer base. The 5-mile trade area is supported by more than 110,200 residents and 60,400 employees, with an average household income exceeding $110,000.
Location
Gallery