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