Contacts
![broker]( https://cdn.commercialsearch.com/images/38BDB4C2-928D-45A2-B0D8-253A902F4A32/112722.jpeg?width=96)
Brandi Sikes, MCR, CRE
SVN | J. Beard Real Estate Company - Greater Houston
Property Details
- Property Type Office - General Office
- Property Size 728,203 SF
- Units 5
- Lot Size 10.05 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Building Class A
- Date Updated Aug 22, 2024
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Reach out to the broker for more info on lease terms and amenities
Highlights
- Excellent Location in Midland’s Business District - Office portfolio benefits from positions within the Central Business District.
- Significantly Below Replacement Costs - Offering unparalleled value for investors.
- Market Dominance - Ability to control a significant market share of office supply throughout the CBD of Midland.
- Very Attractive Assumable Financing - 4.02% Fixed.
- Strategic Lease Structuring - Capitalize on the opportunity to optimize lease terms early, offering extended agreement that enhance the weighted average lease term of the portfolio.
- Value Add Opportunity - Current occupancy 24% below submarket occupancy rate.
Getting around
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Walk Score ®
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Location
- City Midland, TX
- Neighborhood Homestead-Original Town
- Zip Code 79701
- Market Midland Odessa
Points of Interest
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Walmart
1.54 miles
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7-Eleven
1.56 miles
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Sunoco
1.62 miles
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7-Eleven
2.31 miles
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Jack's Gas Station
2.32 miles
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Stripes Gas Station
2.38 miles
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Amigo's Gas Station
2.52 miles
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Sunoco
3.20 miles
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Kent Kwik Gas Station
3.21 miles
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H-E-B Fuel
3.26 miles
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LHS Parking
3.17 miles
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HEB Parking Lot
4.56 miles
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DoubleTree by Hilton Hotel Midland Plaza
0.11 miles
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Microtel Inn & Suites by Wyndham Midland
1.46 miles
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Country Inn & Suites
1.64 miles
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Quality Inn
1.65 miles
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Comfort Inn
1.69 miles
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Mainstay Suites
1.73 miles
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Wyndham Garden Midland
1.93 miles
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Super 8 Midland
2.65 miles
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Days Inn by Wyndham Midland
2.76 miles
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La Quinta Inn Midland
3.14 miles
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Walmart Supercenter
1.59 miles
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Albertsons
2.04 miles
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Kingsway Mall
2.41 miles
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Holt Ranch Plaza
2.58 miles
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Imperial Shopping Center
3.13 miles
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H-E-B
3.22 miles
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La Villita Shopping Center
3.22 miles
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TJ Maxx
3.69 miles
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Dillard's
3.82 miles
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Ross
3.85 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
![broker]( https://cdn.commercialsearch.com/images/38BDB4C2-928D-45A2-B0D8-253A902F4A32/112722.jpeg?width=96)
Brandi Sikes, MCR, CRE
SVN | J. Beard Real Estate Company - Greater Houston