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For Sale

808 W Indiana Ave

808 W Indiana Ave,
Midland, TX 79701

Asset Snapshot

1978
Year Built
2025
Year Renovated
1
Floor Count
3
Building Count

Offering Summary

Investment Overview

Presented is a rare opportunity to acquire a fully leased, single-tenant office investment in the heart of Downtown Midland. The property is a 12,560 SF, two-story standalone office building that has undergone a comprehensive renovation completed in 2025 and is secured by a long-term, 10-year lease, offering stable and predictable cash flow. The building showcases high-end marble and wood finishes throughout, combining professional elegance with modern functionality. Extensive capital improvements include new flooring, lighting, HVAC, network cabling, appliances, and fresh exterior pavement, significantly reducing near-term capital expenditure requirements for ownership. Additional upgrades such as a new elevator, tankless hot water heater, reverse osmosis water system, and a modern access control system with alarm further enhance operational efficiency, security, and tenant appeal. Designed to support executive-level office use, the property features multiple private offices, expansive conference rooms, and well-appointed restrooms, all efficiently laid out across the two floors. The site is supported by 20 on-site parking spaces, providing a strong parking ratio of 1.59 spaces per 1,000 SF leased, a notable advantage for a downtown office asset. The building is fully serviced by AT&T fiber optic internet, city water and sewer, and TXU electricity, ensuring reliable infrastructure for long-term tenancy. Its standalone configuration, prime downtown location, and recent modernization make this asset well-positioned as a low-maintenance, stabilized investment suitable for passive investors seeking durable income backed by a quality tenant and a long lease term.


Investment Highlights

  • Stabilized, Fully Leased Single-Tenant Office Asset
  • 12,560 SF Two-Story Standalone Office Building
  • Long-Term 10-Year Lease in Place
  • Comprehensive 2025 Renovation – Minimal Near-Term CapEx
  • Institutional-Quality Marble & Wood Interior Finishes
  • New Flooring, Lighting, HVAC, Network Cabling & Appliances
  • New Elevator, Tankless Hot Water Heater & Reverse Osmosis System
  • Modern Access Control System with Alarm
  • Strong Parking Ratio: 1.59 Spaces per 1,000 SF (20 Spaces)
  • Prime Downtown Midland Location
  • Serviced by AT&T Fiber, City Utilities & TXU Electricity

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Listing Syndicated From

Buildout
For Sale
$2,932,340
Asking Price