Freestanding Drive Thru
$1,499,000
Midland, Msa, TX 79706
4,070 sqft
Building Size
0.84 acres
Lot Area
Details:
Highlights:
- Ideal for Owner-Users, Investors, or Redevelopment – 4,070 SF Freestanding Drive-Thru Building on 0.84 Acres in the Heart of Midland
- Flexible Regional Retail (RR) Zoning – Permits a wide range of commercial uses including retail, restaurant, medical, and service-based businesses
- 4,415+ Apartment Units in a 1-Mile Radius from the Subject Property
- Subject Property is Minutes Away from Midland College, a prominent community college with over 5,400 enrolled students and 800+ employees. Midland College makes up 704,752 SF and has a 224-acre campus.
- High-Visibility Location Near a Strong Signalized Intersection in Midland, TX that sees over 46,600+ VPD.
- Other neighboring retailers include Walmart, Target, H-E-B, Home Depot, Lowe’s, Kohls, United Supermarkets, Prosperity Bank, AutoZone, O’Reilly’s Auto Parts, Take 5 Oil Change, WingStop, McAlister’s Deli, Bush’s Chicken, and many more
Description:
Currently operating as a full-service dry cleaning business with over 20 years of successful operation, the property provides immediate income potential. For owner-users, the existing infrastructure—complete with a functional drive-thru—offers a turnkey location. Alternatively, investors can pursue a value-add strategy or complete redevelopment to unlock higher and better use.
Surrounded by dense residential neighborhoods, apartments, schools, and major national retailers such as Walmart, Target, H-E-B, Home Depot, and United Supermarkets, the site benefits from strong consumer traffic and an established commercial presence.
This offering represents a rare chance to acquire a versatile asset in a high-growth, economically resilient market with strong fundamentals and multiple exit strategies.
The EngVest Group is pleased to present an exceptional opportunity to acquire the fee-simple interest in a 4,070 SF freestanding drive-thru building situated on 0.84 acres in the growing Midland-Odessa MSA. Strategically positioned at a signalized intersection along a high-traffic retail corridor in Midland, TX—with over 46,600 vehicles per day—this property offers outstanding visibility, access, and long-term upside.
Zoned Regional Retail (RR), the site is well-suited for a wide range of commercial uses, including retail trade, QSR, medical, and low-impact service operations. This flexible zoning enhances the appeal for investors, owner-users, and developers alike.
Documents:
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Freestanding-Drive-Thru-Midland-TX_R.pdf |
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