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300 N Marienfeld St
Midland, TX 79701
Office Property For Sale
Investment Highlights
- Secured Ground LeaseThis offering is rated AA- by Eagan Jones providing the investor the revisionary and long term right to this Class A trophy office
- Passive OwnershipThe property is subject to an absolute triple-net ground lease with no landlord responsibilities.
- Tax Deferred ExchangeThe zero cash flow structure contains the pay-down/re-advance feature, allowing an investor to meet exchange requirements
Property Facts
Property Type
Office
Building Size
148,936 SF
Building Class
A
Year Built
1982
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
10,845 SF
Building FAR
2.48
Lot Size
1.38 AC
Zoning
C1
Amenities
- Property Manager on Site
- Security System
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $21,322,593 | |
| Land Assessment | $199,500 | Total Assessment | $21,522,093 |
Property Taxes
Parcel Numbers
Land Assessment
$199,500
Improvements Assessment
$21,322,593
Total Assessment
$21,522,093
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