MIDLAND – A California-based investor has purchased a retail property at 3200 N. Loop 250 W. for $5.98 million.
Built in 2005, the 94,579-sf asset is on 8.4 acres within a larger shopping center. The two-tenant property is fully occupied by Kohl’s and Crunch Fitness.
SRS Real Estate Partners’ National Net Lease Group represented the Texas-based developer. Marcus & Millichap represented the buyer.
The Texas Real Estate Research Center has more Midland real estate news.
Source: Connect CRE