Property Attributes
- MLS#20450737
- TypeCom Lease
- CountyMIDLAND
- CityMidland
- NeighborhoodCovington
- Zip79707
- StyleIndustrial
- Price$ 365,400
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4.7 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
NNN Lease $30,450 per month 3% annual escalator on a 7 year term. Situated on 4.7 acres in the GreatSmith Business Park, 11700 Tower Road is a recently constructed, 16,475 square foot flex industrial building offering the opportunity to set up operations in a bustling commercial hub. The developers spared no expense in providing a high-end, utilitarian product from the decorative façade and enclosed courtyard to the 30-foot cantilever gate with a mechanical operator and keypad. The building is comprised of 3,935 square feet of office space, an attached 10,000 square foot shop, along with a 2,500 square foot wash bay which has an underground sand separator and a 250BBLS gray water storage tank with a 6” concrete containment wall. With a flexible space layout ideal for a myriad of uses, tenants will find the building is located in an amenity rich environment that suits their personal needs just as much.
Price History | |
---|---|
10/9/2023 | Listed $365,400 |
General Features
Heating | Other |
---|---|
Cooling | Central Air,Electric |
Utilities | Aerobic Septic,All Weather Road,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Phone Available,Septic |
Ceiling Height | Other |
Possession | Negotiable |
Roof | Metal |
Year Built | 2022 |
Tenant Pays | All Utilities,Electricity,Exterior Maintenance,Gas,Grounds Care,Insurance,Janitorial Service,Management,Pest Control,Repairs,Roof,Security,Taxes,Trash Collection,Water,Other |
Business Type | Industrial,Warehouse |
Building Use | Automotive,Building Services,Industrial,Office/Warehouse,Retail,Storage Warehouse |
Will Subdivide | No |
Gross Annual Expenses | 0.00 |
Property SubType | Industrial |
Subdivision Name | Covington |
Zoning Description | Light Industrial City of Midland |
County | Midland |
Property Type | Commercial Lease |
Construction Materials | Metal Siding |
Year Built Details | Preowned |
Special Notes | Agent Related to Owner |
Status | Active |
Directions | Positioned along Highway 191 between Midland and Odessa at the corner of FM 1788,the property greatly benefits from incredible accessibility to the surrounding area and the Midland International Air |
City | Midland |
Buyer Agent Compensation | 3 |
Street Name | Jordy |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20450737 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Concrete |
---|---|
Total Stories | 1 |
Total Units | 1 |
SQFT Gross | 16475 |
Lock Box Type | None |
Street Suffix | Road |
Exterior Features
Lot Features | Acreage |
---|---|
Lot Size Source | Estimated |
Parking Features | Asphalt |
Lot Size | 3 to < 5 Acres |
Foundation | Slab |
Lot Size Area | 4.7000 |
Lot Size Units | Acres |
Building Area Total | 16475.00 |
Lot Size Square Feet | 204732.0000 |
Lot Size Acres | 4.7000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool