Shopping Strip
Shops of Greenwood
1805 S Co Rd 1105, Midland, TX 79706
Listing Price: $7,250,000
Investment Overview
Marcus & Millichap is pleased to present Shops of Greenwood located at 1805 S Co Rd 1105 in Midland, TX. This 44,213 square-foot multi-tenant retail center is comprised of five buildings sitting on 4.33 acres of land. The tenant base is a complementary mix of internet-resistant, service-oriented businesses and restaurants. This shopping center is located in a very affluent surrounding area with an average household income of $100,858 within a 5-mile radius. The subject property is within close proximity to new residential developments including Vander Ranch by DR Horton, Silver Leaf Homes and Saddleback Estates, and is surrounded by national and regional retailers including Walmart, H-E-B, Dollar General, Sonic, Whataburger and many others.
Exclusively Listed By
Listing Price: $7,250,000
Investment Highlights
- 70% Occupied Retail Center | 49% of the GLA has NNN Leases
- Value-Add Newer Construction with Upside on Lease-Up
- Multiple End Cap Suites have Drive-Through Windows
- Located on FM 307 | Traffic Counts are Approximately 12,127 Vehicles Per Day
Investment Overview
Marcus & Millichap is pleased to present Shops of Greenwood located at 1805 S Co Rd 1105 in Midland, TX. This 44,213 square-foot multi-tenant retail center is comprised of five buildings sitting on 4.33 acres of land. The tenant base is a complementary mix of internet-resistant, service-oriented businesses and restaurants. This shopping center is located in a very affluent surrounding area with an average household income of $100,858 within a 5-mile radius. The subject property is within close proximity to new residential developments including Vander Ranch by DR Horton, Silver Leaf Homes and Saddleback Estates, and is surrounded by national and regional retailers including Walmart, H-E-B, Dollar General, Sonic, Whataburger and many others.
Exclusively Listed By
