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29889497
29889498

5801 W Wadley Ave, Midland, TX 79707 For Sale

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$1,700,000
146 days on market
Updated 54 days ago

PediMed Center

Details
Property Type Office
Sub Type Medical Office
Square Footage 5,765
Cap Rate 7.87%
NOI $133,865
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 12/30/2027
Remaining Term 1.4
Rent Bumps Yes
Lease Options (2) Five Year Options
Price per SqFt $295
Class B
Year Built 2003
Year Renovated 2009
Acreage 0.560
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 12/31/2022

Single Tenant Medical Opportunity | Heart of the Permian Basin’s Economic Engine

Marketing description

Introducing PEDI MED CENTER, located at 5801 W Wadley Ave, Midland, TX 79707, this single tenant medical opportunity is a prime investment in the heart of the Permian Basin's economic hub. The property features a modern design and functional layout suitable for medical practices looking to establish a presence in a thriving location.

With a strategic address offering high visibility and accessibility, PEDI MED CENTER presents a lucrative proposition for investors seeking a reliable income stream in a growing market. The enduring demand for medical services in the area ensures long-term tenant stability and potential for attractive returns.

This property is an ideal choice for those looking to diversify their portfolio with a secure and recession-resistant asset in a sought-after location. Don't miss out on this exceptional opportunity to acquire a premier medical facility in one of Texas's most dynamic regions. Contact us today to learn more about PEDI MED CENTER!

Investment highlights

  • Medical Office Stability – Leased to a Long-Established Pediatric Practice, Providing Essential Healthcare Services with Consistent Patient Demand

  • Medical-Focused Tenancy in a High-Income West Midland Corridor — Positioned along W Wadley Ave, one of Midland’s primary east-west arterials serving dense residential, healthcare, and professional demand

  • Adjacent to Zoo Midland & “The Preserve” Mega-Development — Located in close proximity to the $100MM+ Zoo Midland project at 6101 W Wadley Ave, a 50+ acre regional attraction paired with a 173-acre mixed-use lifestyle district featuring retail, dining, entertainment, trails, and parks — expected to significantly increase visitor traffic, consumer spending, and area desirability

  • Prime Visibility & Access – Situated Along W Wadley Ave, a Key Commercial and Residential Corridor, With Excellent Frontage, Signage Visibility, and Ample Parking

  • Recession-Resistant Use – Medical Offices, Especially Pediatric Care, Maintain Stable Occupancy and Revenue Streams Through Varying Economic Cycle

  • Attractive Triple Net-Lease Structure – Tenant Pays Taxes/CAM & Insurance as Additional Rent to Landlord Making it a Passive and Predictable Investment Opportunity

  • Proximity to Loop 250 - Loop 250’s Repositioning Strengthens its Status as One of the Region’s Primary Commercial Corridors, Ensuring Sustained Long-Term Investment Appeal

  • Prime Demographics - Located in Midland's Most Affluent Pocket with an Average Household Income of $166,131 in just 1-Mile | Population Exceeds 103,000 within 5-Miles with Healthy & Consistent Population Growth in 1, 3 & 5 Miles

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$133,865.00
$11,155.42/mo

Valuation Metrics

0
DSCR
7.87%
Cap Rate
7.87%
ROI

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Additional Information

Name
Brian Brockman
License
TX #701472
Brokerage
Bang Realty
Brokerage Phone
513.898.1551
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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