INVESTMENT! 2-Building Discount SAVE $150k TRADEMARK 989-792-6400

Office for Sale
Catylist Listing ID: 29733309
Property Subtypes: Business Park, Executive Suites, Governmental, High-Tech, Institutional, Net Leased, Office Building, Research & Development
Building Size (RSF): 27,836 SF
Gross Building Area: See Agent
Sale Price: $2,500,000
Unit Price: $89.81 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class A
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/15/2019

Overview / Comments

Save $150,000 in the combined purchase of these two Midland Class A office buildings. 3320 Ridgecrest has long-term tenants and is fully leased. It is comprised of 11,480 square feet. It is currently listed for sale for $1,200,000.

1717 Ridgewood, at 16,356 square feet, is fully leased. Call for details of current tenant and information. It is listed for sale at $1,450,000.

Existing office furniture not included in price but can be negotiated as part of the sale.

Great investment opportunity for the astute investor who recognizes the value of these outstanding buildings. See separate listings for more details and pictures of each building.

Contact Gretchen Witherspoon at Trademark Commercial Group for more information and to schedule a confidential showing. 989-792-6400.

Additional Details

Nearest MSA: Midland
County: Midland
Tax ID/APN: cpix tax

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,130 32,565 48,159
Median Age: 33.56 39.37 38.79
Households: 2,257 13,865 19,807


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