702 Andrews HwyMidland, TX 79701

For Sale
$1,690,000

Executive/Medical Office, 3,099 SF, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 3,099 square foot office building situated on a 1.03-acre lot in Midland, Texas. Located at 702 Andrews Hwy, this Class B property is zoned LR and offers a prime location amidst established businesses including Grand Buffet, Burger King, Whataburger, Chicken Express, Valero, and Pinkies Liquor. The property features ample parking, with a ratio of 8.17 spaces per 1,000 square feet. The main building, constructed in 1972, is currently configured as executive and/or medical office space. A second building on the site is slated for demolition, presenting significant potential for redevelopment or expansion. The asking price is $1,690,000, and the lease type is NNN. The property's single-story design and convenient location make it an attractive option for a variety of uses. The property's APN is R000214-648. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Texas market. The property's size and zoning provide flexibility for future development and adaptation to evolving market demands. This offering presents a strong return on investment potential for discerning buyers.

Highlights

  • $1,690,000 asking price.
  • 3,099 square foot office/retail building.
  • Located at 702 Andrews Hwy, Midland, TX 79701.
  • Class B building, single story.
  • NNN lease type.
  • 1.03-acre lot with ample parking (8.17 spaces per 1,000 sq ft).

Property Details for 702 Andrews Hwy

Property type
Other retail properties, Other office properties
Square Feet
3,099 SF
Class
B
Stories
1
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.9986632
Longitude
-102.1068833
702 Andrews Hwy, Midland, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
702 Andrews Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message