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Auto Shop Flex Space 3415 W Wall St

17,278 SF Light Industrial Building Midland, TX 79701 £1,341,902 (£78/SF)

Investment Highlights

  • Located on the Corner of W Wall Street (20,537+ VPD) and W Front Street (16,256+ VPD)
  • 3 Miles from Midland College, a Public Community College with Over 5,180 Enrolled Students and Over 800 Employees
  • Near Several Nationally Recognized Tenants: Dollar General, Exxon, Dairy Queen, Denny's, Caliber Collision, Chevron, GMC, & More
  • Fully Vacant, 17,278 Square Feet of Space on 3 Buildings Sitting on Almost an Acre of Land, Ready to Operate
  • 3 Miles from Midland Airpark, a Public Airport Designed to Allow Easy Access to All Areas of the Midland Community
  • Midland  | Fastest Growing Mid-Sized City in the U.S. | Population: 338,085+

Executive Summary

17,278 Square Feet of Space on 3 Buildings Sitting on Roughly
1 Acre of Land. One tenant is on a Month to Month Lease but
Property can be delivered fully vacant.
Subject Property is Located on the Corner of W Wall Street
(20,537+ VPD) and W Front Street (16,256+ VPD). This site is
just north of Interstate 20 (52,352+ VPD), a major east-west
highway that runs from just southeast of Midland, through DFW,
and all the way to South Carolina.
Strong Demographics in a 5 Mile Radius. The Population is over
133,368 and the Avg HH Income is over $161,000
Site is Only 3 Miles from Midland Airpark, a public airport
designed to allow easy access to all areas of the Midland
Community. Midland Airpark serves the general aviation public,
which includes business and corporate traffic. It has 12 THangers and covers 816 acres of land. The airport averages
28,110 aircraft operations a year and 77 per day.
Near Several Nationally Recognized Tenants such as Dollar
General, Exxon, Dairy Queen, Denny's, Caliber Collision, Chevron,
GMC, and more.
Midland is Projected to be the Fastest Growing Mid-Sized City
in the Country. Kenan Institute's American Growth Project
ranked Midland first due to the cities potential gross domestic
product (GDP). High contributions in the oil & gas pegged
midlands GDP at 9.4%
* One Tenant on Month-Month Lease

Property Facts

Price £1,341,902
Price Per SF £78
Sale Type Investment or Owner User
Property Type
Light Industrial
  • General Retail Auto Repair
  • Industrial Warehouse
  • Industrial Service
Lot Size 0.96 AC
Rentable Building Area 17,278 SF
Number of Floors 1
Year Built 1959
Tenancy Single

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000004-328
Land Assessment
£65,726
Improvements Assessment
£267,778
Total Assessment
£333,504
  • Listing ID: 32336759

  • Date on Market: 03/07/2024

  • Last Updated:

  • Address: 3415 W Wall St, Midland, TX 79701

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