Contacts
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 Nov 13, 2024
Want more info on this listing?
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
-
Walk Score ®
-
Bike Score ®
Location
- City Midland, TX
- Neighborhood Homestead-Original Town
- Zip Code 79701
- Market Midland Odessa
Points of Interest
-
Walmart
1.54 miles
-
7-Eleven
1.56 miles
-
Sunoco
1.62 miles
-
Texaco
1.76 miles
-
Exxon
1.77 miles
-
Stripes
1.84 miles
-
Kent Kwik
2.21 miles
-
Jack's Gas Station
2.32 miles
-
Stripes Gas Station
2.38 miles
-
Tesla Supercharger
5.08 miles
-
LHS Parking
3.17 miles
-
HEB Parking Lot
4.56 miles
-
DoubleTree by Hilton Hotel Midland Plaza
0.11 miles
-
Microtel Inn & Suites by Wyndham Midland
1.46 miles
-
Candlewood Suites
1.47 miles
-
My Place Hotel-Midland, TX
1.62 miles
-
Super 8 by Wyndham Midland South
1.62 miles
-
Country Inn & Suites
1.64 miles
-
Quality Inn
1.65 miles
-
Comfort Inn
1.69 miles
-
Mainstay Suites
1.73 miles
-
Wyndham Garden Midland
1.93 miles
-
Walmart Supercenter
1.59 miles
-
Albertsons
2.04 miles
-
Kingsway Mall
2.41 miles
-
Holt Ranch Plaza
2.58 miles
-
H-E-B
3.22 miles
-
TJ Maxx
3.69 miles
-
Dillard's
3.82 miles
-
Ross
3.85 miles
-
Midland Park Mall
3.94 miles
-
Texas Pride Plaza
4.03 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
Brandi Sikes, MCR, CRE
SVN | J. Beard Real Estate Company - Greater Houston