Listed by Moriah Real Estate Company, LLC
$2,250,000
3301 Bankhead Highway
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 30,625
Acreage 3.460
Zoning LR-3 & C-3
Industrial | 30,625 SqFt
Marketing description
30,625 SF under roof on 3.46 Acres. The current Tenant is on a month-to-month lease agreement and pays significantly below market rent. The current lease rate is $2,631.81/month and has occupied the space since February 1, 2020. There is significant room for improving the lease rate on this site for the next owner.
Prime Retail-Industrial opportunity near Downtown Midland on Wall Street with quick and easy highway access. 2 miles west from Downtown
Investment highlights
- Within City Limits: City Utilities (Water & Sewer), Police & Fire Protection, Outside of Flood Prone Area
- Zoning: LR-3 & C-3 (Local Retail & Commercial) | Permitted Uses (not limited to): Auto Sales, Boat Sales, Restaurant, Car Wash, Bowling Alley, Medical or Dental Laboratory, Dance Hall
- Bankhead Hwy: +/- 400 FT
- Traffic Counts: +/- 1,510 Average Daily Traffic (2022)
Listing Contacts
Listed by Moriah Real Estate Company, LLC
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