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5000 Briarwood Ave 23,994 SF 100% Leased Office Building Midland, TX 79707 For Sale

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Investment Highlights

  • Hevy

Executive Summary

Property is located in a heavy traffic area.
A 23,994 sqft. West Texas Allergy Center and Recovery Home Therapy as current tenants.
This beautiful center has two available suites for lease, a 3,556sqft and a 2,757sqft.
Surrounding businesses include Permian Basin Endodontics, CVS Drugstore, Kids Kare Pediatrics, Refined Orthodontics and Basin Pediatric Dentistry. Traffic counts about 9K per day.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
23,994 SF
Building Class
B
Year Built
2015
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
11,997 SF
Building FAR
0.37
Lot Size
1.47 AC
Zoning
LR - Local Retail District
Parking
60 Spaces (2.5 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
R000203-222
Land Assessment
$285,680
Improvements Assessment
$3,932,000
Total Assessment
$4,217,680
  • Listing ID: 30788792

  • Date on Market: 1/26/2024

  • Last Updated:

  • Address: 5000 Briarwood Ave, Midland, TX 79707

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