Wienerschnitzel Absolute NNN Lease

5315 W LOOP 250 N, MIDLAND, TX 79707

Property Description

Price: $2,610,000
Land Area: ±0.71 AC
Cap Rate: 5.75%
Gross Leasable Area: ±2,040 SF
Year Built: 2016

Investment Highlights

Successful Store Operating with a $200,000 Profit

New, 15-Year Sale-Leaseback with Personal Guaranty

Ranked in the Top 25% of the Entire Wienerschnitzel System

Prime Retail Location

  • Highly-Trafficked Location Located on Loop 250 with a Traffic Count Over 63,000 CPD
  • Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Lowe’s, Walmart, Home Depot, Carl’s Jr, Verizon, Lucky Strike, Kohl’s, Sherwin-Williams, Cracker Barrel, and Many More
  • Texas is an Income Tax-Free State

Experienced Wienerschnitzel Franchisee

  • Experienced Multi-Unit & Brand Operator with 25+ Years of Experience and More than 25 Units Across Multiple Concepts Throughout California, Texas, Utah, and New Mexico
  • Franchisee Intends to Continue Growing Further Wienerschnitzel Locations. Guaranty Will Grow Over Time
  • Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
  • Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

Pride of Ownership Midland

  • Affluent Area with the Average Household Income Exceeding $125,000 within 3 Miles
  • Proximity to Major Educational Hub – Located just 5 miles from Midland College, a Community College with over 5,180 students and more than 800 Faculty and Staff
  • Proximity to Major Aviation & Aerospace Infrastructure – 10 Miles from Midland International Air & Space Port, the First Jointly Located Spaceport and Airport in the World that Currently Serve 43 counties in Texas and New Mexico. Also, 5 Miles from Midland Airpark, a Vital Hub for the Region’s Business and Corporate Aviation Traffic.
  • Positioned in a Rapidly Growing Market – Midland is Recognized as One of the Most Economically Dynamic Cities in the United States. The Kenan Institute’s American Growth Project Recently Ranked Midland as the #1 Fastest-Growing Mid-Sized City in the Nation Based on Potential GDP Growth of 9.4%

Broker of Record: Tim Speck | Dallas, TX | Lic #: 9002994

Contact Information

Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

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