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