3205 Wall St, Midland, TX 79701
25,633 SF | Retail Building | Midland, TX 79701 | $5,530,000 ($216/SF)
For Sale
Active
Asking Price $5,530,000
- Property Type
-
Retail
- Square Feet
- 25,633 SF
- Price / Square Foot
- $216
Listing Contacts
- Property Info
Property Overview
Prime Retail-Industrial opportunity near Downtown Midland on Wall Street with quick and easy highway access. 14,841 vehicles drive past this signature property daily - according to TxDOT's Annual Average Daily Traffic report.
38,164 SF under roof on 5.38 Acres. With 4 buildings on site, the property offers any investor a unique opportunity to divide the property and lease separate. The current Tenant, Sewell Automotive, has a lease that expires on January 31, 2027 and communicated they do not intend to renew their lease and will be relocating. The Tenant pays $30,000.00/month, NNN.
38,164 SF under roof on 5.38 Acres. With 4 buildings on site, the property offers any investor a unique opportunity to divide the property and lease separate. The current Tenant, Sewell Automotive, has a lease that expires on January 31, 2027 and communicated they do not intend to renew their lease and will be relocating. The Tenant pays $30,000.00/month, NNN.
Property Details
- Class
- C
- Year Built
- 1958
- Stories
- 1
- Property Subtype
- Vehicle Related, Warehouse, Service
- Lot Size (sq. ft)
- 234,353 SF
Highlights
- Property Current Use: Auto Sales & Services
- Within City Limits: City Utilities (Water & Sewer), Police & Fire Protection, Outside of Flood Prone Area
- Zoning: RR & C | Permitted Uses: Auto Sales, Boat Sales, Restaurant, Car Wash, Bowling Alley, Medical or Dental Laboratory, Dance Hall
- W. Wall Street Frontage: +/- 620 FT
- Traffic Counts: +/- 14,841 Average Daily Traffic (2022)
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