808 W Indiana Ave - Office FOR SALE


Midland, TX 79701
$2,932,340 USD
432-682-2510
808 W Indiana Ave, Midland, TX for Sale
$2,932,340 USD
Office - FOR SALE
1/39
null | 7.5% Cap Rate

808 W Indiana Ave
Midland, TX 79701


HIGHLIGHTS

  • Stabilized, Fully Leased Single-Tenant Investment
  • 12,560 SF Two-Story Standalone Office Building
  • Long-Term 10-Year Lease in Place
  • Comprehensive 2025 Renovation – Minimal Near-Term CapEx
  • Prime Downtown Midland Location
  • Strong Parking Ratio: 1.59 Spaces per 1,000 SF (20 Spaces)

OVERVIEW

This exceptional 12,560 SF, two-story standalone office building presents a rare opportunity to acquire a fully leased, single-tenant investment in the heart of Downtown Midland. Secured by a long-term 10-year lease, the property provides stable, predictable cash flow and underwent an extensive renovation in 2025, including new flooring, lighting, HVAC systems, network cabling, appliances, exterior pavement, and a new elevator. The executive-level office layout features multiple private offices, spacious conference rooms, and high-end marble and wood finishes throughout, creating a professional and functional workspace. With 20 on-site parking spaces, modern building systems, and a prime downtown location, this turnkey asset offers investors a low-maintenance opportunity with strong longterm value. 808 West Indiana Avenue is located in Midland’s West End neighborhood, just steps from Downtown Midland. The surrounding area features a balanced mix of office buildings, residential and locally owned businesses, including healthcare facilities, retail shops, and dining options, creating a vibrant, community-oriented environment. The property benefits from close proximity to major arterial roadways such as West Wall Street, Big Spring Street, and Industrial Avenue, providing efficient access throughout Midland and the greater market. *Call For Offering Memorandum

FOR SALE DETAILS

PRICE

$2,932,340 USD

PRICE/SF

$233 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Office Building For Sale

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

CB

APN/PARCEL ID

R000051-904

ASK ABOUT THIS PROPERTY

Trey DennisMoriah GroupMore Info
432-682-2510

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Trey DennisMoriah GroupMore Info
432-682-2510

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