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34329312
34329314

808 W Indiana Ave, Midland, TX 79701 For Sale

TD
TX TX 723150
Moriah Real Estate Company, LLC
Moriah Real Estate Company, LLC
Listed by Moriah Real Estate Company, LLC
$2,932,340
8 days on market
Updated 4 days ago

808 W Indiana Ave

Details
Property Type Office
Sub Type Traditional Office
Square Footage 12,560
Cap Rate 7.50%
NOI $219,926
Tenancy Single
Buildings 1
Stories 2
Acreage 0.520
Parking Spaces 20 spaces
Parking per 1,000 SqFt 1.59
Investment Type Stabilized

Downtown Office Building For Sale | 7.28% CAP | 12,560 SqFt

Marketing description

This exceptional 12,560 SF, two-story standalone office building presents a rare opportunity to acquire a fully leased, single-tenant investment in the heart of Downtown Midland. Secured by a long-term 10-year lease, the property provides stable, predictable cash flow and underwent an extensive renovation in 2020, including new flooring, lighting, HVAC systems, network cabling, appliances, exterior pavement, and a new elevator. The executive-level office layout features multiple private offices, spacious conference rooms, and high-end marble and wood finishes throughout, creating a professional and functional workspace. With 20 on-site parking spaces, modern building systems, and a prime downtown location, this turnkey asset offers investors a low-maintenance opportunity with strong long-term value.

808 West Indiana Avenue is located in Midland’s West End neighborhood, just steps from Downtown Midland. The surrounding area features a balanced mix of office buildings, residential and locally owned businesses, including healthcare facilities, retail shops, and dining options, creating a vibrant, community-oriented environment. The property benefits from close proximity to major arterial roadways such as West Wall Street, Big Spring Street, and Industrial Avenue, providing efficient access throughout Midland and the greater market.

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

Call for Offering Memorandum

Listing Contacts

TD
TX TX 723150
Moriah Real Estate Company, LLC
Moriah Real Estate Company, LLC
Listed by Moriah Real Estate Company, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$219,925.56
$18,327.13/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Trey Dennis
License
TX 723150
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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