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Enertia Tech Building 125 W Missouri Ave

78,709 SF Office Building Midland, TX 79701 $9,100,000 ($116/SF)

Investment Highlights

  • Renovated Office Building | Natural Light
  • 4 Floors + Basement (Fitness Facility and Storage)
  • Amenities: Automatic Blinds, Individual Temp Control in Each Office, Secure Storage, Wi-Fi, Hardwood Floors, Outdoor Seating, Fully carpeted
  • Partitioned Offices | Conferencing Facility | Breakroom
  • Secured Building | Controlled Access
  • Parking Spaces: 103 Surface

Executive Summary

Exquisitely renovated in 2020, this Office Space is nestled in the heart of downtown Midland, Texas offering 89,406 total square footage. The Enertia Tech Building has a prime location in downtown at the corner of Missouri Avenue and Loraine Street which is within walking distance to the 200-Room DoubleTree Hilton Hotel, Petroleum Club, Centennial Park, The Bush Convention Center, The Midland County Library, and numerous other restaurants and retail shops.

As you step into the building, a welcoming common reception area on the first floor greets you. Future tenants will find two exclusive, key fob secured elevators that swiftly take them to all levels. Here, future tenants have spacious offices with individual windows that flood the workspace with natural light. Each office boasts its own climate control system, ensuring personalized comfort.
The amenities continue to impress, with complimentary covered parking, unrestricted access to a fully-equipped gym, and well-appointed women's and men's locker rooms complete with showers and dressing areas. For those with specific needs, the floors can be effortlessly configured into individual suites to accommodate diverse business requirements. The building also has controlled access with key fob entry for added convenience and safety.
*Due Diligence Materials Available - Upon Request

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
78,709 SF
Building Class
B
Year Built
1979
Price
$9,100,000
Price Per SF
$116
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
19,677 SF
Building FAR
1.13
Land Acres
1.60 AC
Zoning
C1 - Commercial
Parking
103 Spaces (1.31 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Raised Floor
  • Security System
  • Signage
  • Kitchen
  • Automatic Blinds
  • Basement
  • Central Heating
  • Fully Carpeted
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Partitioned Offices
  • Secure Storage
  • Shower Facilities
  • Hardwood Floors
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000035-527
Land Assessment
$81,500
Improvements Assessment
$23,772,684
Total Assessment
$23,854,184
  • Listing ID: 31752565

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 125 W Missouri Ave, Midland, TX 79701

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