3109 W LOOP 250 N Midland TX 79705-3230

The CBRE Net Lease Property Group is pleased to exclusively offer a 45,447-square-foot Northern Tool + Equipment situated on 3.51 acres in Midland, TX—a component of the Midland–Odessa Combined Statistical Area (CSA Population: 340,755). Built in 1989, Northern Tool + Equipment’s recently-executed net lease features ±10 years of primary term remaining with two 5-year renewal options. This site has excellent access and visibility on Loop 250 Frontage Road which provides direct access to State Highway 250 (Traffic Count: 73,929 VPD) in front of the site. Northern Tool + Equipment benefits from its location within Midland’s primary retail and commercial corridor with 1.7 MSF of office and 1,470 multifamily units within a 3-mile radius. The site is situated among premier national tenants including Stein Mart, Best Buy, T.J. Maxx & HomeGoods, Hobby Lobby, Bed Bath & Beyond, Big Lots!, Barnes & Noble, Michaels, Pier 1, Shoe Carnival, Men’s Wearhouse, LOFT, Chico’s, GAP, Soma, New Balance, Carter’s, Chase Bank, Verizon, UPS Store, Panera Bread, Chipotle, Olive Garden, Firehouse Subs, Burger King, and McDonald’s, among many others. In addition to the critical mass of retailers in the immediate vicinity, Northern Tool + Equipment also benefits from the 629,654-square-foot Midland Park Mall, which is one block west of the site and is anchored by Dillard’s, JCPenney, Bealls, and Ross Dress for Less. Additional surrounding retailers include Walmart Supercenter, The Home Depot, Target, Staples, PetSmart, Goodwill, Plato’s Closet, Woodhouse Day Spa, AT&T, Aspen Dental, Sleep Number, Texas Roadhouse, Jersey Mike’s, Chick-fil-A, Starbucks, and Wendy’s, as well as various local retailers. Furthermore, Northern Tool + Equipment enjoys dynamic demographics with a population of 76,720 and an average household income of $113,948 within a 3-mile radius.