This newly constructed retail property in Midland, Texas is fully occupied by national credit tenants Sherwin-Williams and Stanton Optical. Sherwin-Williams, rated BBB by S&P, represents approximately 60 percent of the property’s income stream, providing a stable and reliable tenancy profile.

Constructed in 2019, the building features a roof warranty and is secured by new 10-year corporate leases with minimal landlord responsibilities and scheduled 10 percent rent increases every five years. The property is positioned as an outparcel to a Kohl’s-anchored shopping center that also includes Crunch Fitness, Ashley Furniture, and Natural Grocers, further enhancing the site’s long-term retail strength and traffic generation.