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3403 Andrews Hwy 3,579 SF Office Building Midland, TX 79703 $1,226,452 CAD ($342.68 CAD/SF) 7.94% Cap Rate
Investment Highlights
- Net Leased Medical Office Investment
- Built 2011 and Renovated 2024
- 100% Single Occupancy
Executive Summary
Discover an exceptional office building investment opportunity in Midland, TX. This meticulously maintained 3,579 SF property, with a single unit, presents an attractive net leased office investment with a proven track record of 100% occupancy. Built in 2011 and diligently renovated in 2024, this asset reflects timeless quality and contemporary functionality. The favorable PD zoning and strategically advantageous Midland location further enhance the property's investment potential. Don't miss your chance to add this
secure, income-producing asset to your portfolio in the thriving Midland area.
secure, income-producing asset to your portfolio in the thriving Midland area.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,579 SF
Building Class
A
Year Built
2011
Price
$1,226,452 CAD
Price Per SF
$342.68 CAD
Cap Rate
7.94%
NOI
$97,407 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,579 SF
Building FAR
0.08
Lot Size
1.03 AC
Zoning
PDOC - Planned District Office
Amenities
- 24 Hour Access
- Monument Signage
- Air Conditioning
1 1
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R000028-253 | Improvements Assessment | $886,006 CAD |
| Land Assessment | $40,634 CAD | Total Assessment | $926,641 CAD |
Property Taxes
Parcel Number
R000028-253
Land Assessment
$40,634 CAD
Improvements Assessment
$886,006 CAD
Total Assessment
$926,641 CAD
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3403 Andrews Hwy
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