5801 W Wadley Ave - Medical FOR SALE


Midland, TX 79707
$1,700,000 USD
248-702-0288
5801 W Wadley Ave, Midland, TX for Sale
$1,700,000 USD
Medical - FOR SALE
1/5
null | 7.87% Cap Rate

5801 W Wadley Ave
Midland, TX 79707


HIGHLIGHTS

  • Medical Office Stability – Leased to a Long-Established Pediatric Practice, Providing Essential Healthcare Services with Consistent Patient Demand
  • Medical-Focused Tenancy in a High-Income West Midland Corridor — Positioned along W Wadley Ave, one of Midland’s primary east-west arterials
  • Adjacent to Zoo Midland & “The Preserve” Mega-Development — Located in close proximity to the $100MM+ Zoo Midland project
  • Prime Visibility & Access – Situated Along W Wadley Ave, a Key Commercial and Residential Corridor, With Excellent Frontage
  • Recession-Resistant Use – Medical Offices, Especially Pediatric Care, Maintain Stable Occupancy and Revenue Streams Through Varying Economic Cycle
  • Proximity to Loop 250 - Loop 250’s Repositioning Strengthens its Status as One of the Region’s Primary Commercial Corridors

OVERVIEW

Single Tenant Medical Opportunity | Heart of the Permian Basin’s Economic Engine

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

7.87%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pedi Med Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,929 SF

ZONING

-

APN/PARCEL ID

R000185-335

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.