AT&T Midland 3301 N Midkiff Rd

The Foremark Team is pleased to present to qualified investors the opportunity to acquire the lease interest of the single tenant AT&T retail
property located at 3301 Midkiff Road, Midland, TX 79705 (“Subject Property”). The Subject Property is a lease AT&T operator New Cingular Wireless PCS, LLC that commenced December 30, 2012. The 4,000 square foot prototype sits on a ±.517 acre lot and has a over 3.5 years of term left with with a 1 x 5 year option incorporating a 10% rent increase. This is a NN lease where a future owner can enjoy minimal landlord responsibilities. This investment opportunity will provide sustainable cashflow and protection against inflationary forces to a future owner.
This location along Midkiff Road is ideal for AT&T. Midkiff Road is a high traffic retail corridor which sees over 22,000 VPD and is one of the main east/west thoroughfares through the city of Midland. This AT&T property benefits from immediate proximity to an HEB-anchored shopping center and a variety of additional, national restaurant and retail brands.
Midland, Texas, nestled precisely midway between Fort Worth and El Paso, exudes a timeless charm. With a metropolitan statistical area (MSA) population of 173,180, this city stands proudly as the county seat of Midland County and a prominent oil-producing region of Texas. Over the past decade, Midland has witnessed remarkable progress in vital domains such as infrastructure, economic resources, transportation, and safety. Its strategic positioning ensures that it continues to serve as a steadfast hub for esteemed companies like Chesapeake Energy, Chevron, and West Texas Gas.