Address
11801 Jordy Road, Midland, TX
Price
$ 365,400
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

Property vs Com Lease Average in 79707

Price
AVG $370K
$370K
Visits
AVG 16
15
Data Provided by Inside Real Estate®
Year Built
AVG 2020
2022

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