Pedi Med Center
$1,700,000
5801 W Wadley Ave, Midland, TX 79707
For Sale
Office
Medical
Active
Last Updated: 02/25/2026
7.87
Cap Rate
133,865
NOI
Details:
Cap Rate: 7.87%
NOI: $133,865
Building Size: 5,765 sqft
Lot Area: 0.56 acres
Occupancy: 100%
Class: A
Year Built: 2003
Highlights:
- Medical Office Stability – Leased to a Long-Established Pediatric Practice, Providing Essential Healthcare Services with Consistent Patient Demand
- Medical-Focused Tenancy in a High-Income West Midland Corridor — Positioned along W Wadley Ave, one of Midland’s primary east-west arterials serving dense residential, healthcare, and professional demand
- Adjacent to Zoo Midland & “The Preserve” Mega-Development — Located in close proximity to the $100MM+ Zoo Midland project at 6101 W Wadley Ave, a 50+ acre regional attraction paired with a 173-acre mixed-use lifestyle district featuring retail, dining, entertainment, trails, and parks — expected to significantly increase visitor traffic, consumer spending, and area desirability
- Prime Visibility & Access – Situated Along W Wadley Ave, a Key Commercial and Residential Corridor, With Excellent Frontage, Signage Visibility, and Ample Parking
- Recession-Resistant Use – Medical Offices, Especially Pediatric Care, Maintain Stable Occupancy and Revenue Streams Through Varying Economic Cycle
- Attractive Triple Net-Lease Structure – Tenant Pays Taxes/CAM & Insurance as Additional Rent to Landlord Making it a Passive and Predictable Investment Opportunity
- Proximity to Loop 250 - Loop 250’s Repositioning Strengthens its Status as One of the Region’s Primary Commercial Corridors, Ensuring Sustained Long-Term Investment Appeal
- Prime Demographics - Located in Midland's Most Affluent Pocket with an Average Household Income of $166,131 in just 1-Mile | Population Exceeds 103,000 within 5-Miles with Healthy & Consistent Population Growth in 1, 3 & 5 Miles