5400 Frio Drive, Midland, TX for sale

Investment Overview

5400 Frio Drive is a 100% occupied investment property consisting of a 5,733 SF retail/office building situated on approximately 0.72 acres in Midland, Texas. The property features quality brick construction, a metal roof, blown insulation, sound insulation, low-maintenance landscaping with an automatic sprinkler system, and ample on-site parking. The thoughtfully designed interior includes 12 treatment rooms, a flex room, a kitchen, two large locker room bathrooms, two additional restrooms, a sauna with red light therapy, and a treatment room with a large soaking bathtub. Each treatment room is equipped with plumbing and electrical connections, integrated Wi-Fi, speakers, white noise systems, and recessed dimmable lighting. Additional features include four washer and dryer hookups, security cameras, and raised floor access for operating systems and electrical infrastructure. This well-maintained, stabilized asset offers investors a rare opportunity to acquire a fully leased property occupied by a long-term, well-established national tenant.

Investment Highlights

• 100% Occupied Investment Opportunity
• 7.53% CAP Rate
• Long-Term National Credit Tenant
• Stabilized Asset with Existing Tenant Income
• 5,733 SF Retail/Office Building | 0.72 Acres
• 12 Treatment Rooms + Flex Room
• Sauna with Red Light Therapy
• Large Hydrotherapy Soaking Tub
• Plumbing & Electrical Connections in Every Treatment Room
• Integrated Speakers & White Noise Throughout
• Recessed Dimmable Lighting Throughout
• Back-of-House Area | Kitchen | (2) Restrooms | (4) Washer & Dryer Hookups
• (4) Restrooms Total | (2) Locker Rooms with Showers
• Raised Floor Access for Electrical & Building Systems
• Sound Insulation | Blown Insulation | Metal Roof
• 42 On-Site Parking Spaces
• Automatic Sprinkler System | Professional Landscaping
• Prime Location Near Loop 250 & Briarwood Avenue
• 10,000+ VPD on Briarwood Avenue
• Strong Retail & Residential Trade Area