4606 West Wall St
Midland
TX 79703

NNN Leased Veterinary Clinic
National Credit Tenant

Downtown Midland, Texas

The property is made up of one parcel with one building equaling approximately 18,000 square feet sitting on approximately 1.99 acres. The subject property has two units: Unit 1 is occupied by NVA with 15,000 square feet and a triple net (NNN) property with approximately six years remaining; Unit 2, containing approximately 3,000 square feet, is currently vacant.

The subject property is between downtown Midland and Midland International Air & Space Port and located just off the freeway on West Wall Street. It is known as an Oil Town inside of Midland County. Midland is approximately 20 miles East of Odessa, TX. The population is around 114,434 people and the average household income is approximately $97, 629 in a five-mile radius. The city is in the Western portion of Texas and approximately 330 miles West of Dallas, TX. 

Property Details

Building Size: 6,085 SF
Lot Size: 86,554 (1.99 Acres) 
Number of Units: 2
Year Built: 1965
Minimal Landlord Responsibility
Well Performing Vet Hospital
High 10% Cap Rate