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Dialysis Clinic and Medical Office
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3302 W Golf Course Rd, Midland, TX 79703

Single property includes dedicated dialysis clinic space and a separate nephrology doctor’s office under long-term net leases.

Property SizeContact for details
Days on Market124

Property Features for 3302 W Golf Course Rd

General Information

Standard status Active
Property subtype Office
Listing Agency: Perry Guest Companies
Listed By: Jason Lesley, SIOR, CCIM · License #NV 64973
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Perry Guest Companies

Investment Insights

Based on property information with market context.

The property is a 16,063 SF Fresenius Kidney Care dialysis clinic combined with a Permian Nephrology Associates doctor’s office. Approximately +/-12,500 SF is dedicated to the dialysis clinic and approximately +/-3,563 SF is dedicated to the medical office. Both tenants operate under 15-year, guaranteed net leases that expire in September 2026, with favorable 10% increases scheduled every five years, including the next increase within less than 12 months. Each lease also includes three additional five-year options to extend.

The offering combines a specialized dialysis provider with a regional nephrology practice focused on kidney disease, hypertension, and transplant-related care, supported by an established operating presence in western Texas.

From a tenant-occupancy standpoint, the medical office portion is contractually tied to Permian Nephrology Associates, while the clinic portion is contractually tied to Fresenius Kidney Care, both with guaranteed net lease structures and renewal options.

Key Highlights

  • 16,063 SF Fresenius Kidney Care dialysis clinic plus separate Permian Nephrology Associates doctor’s office
  • +/-12,500 SF dedicated to the clinic and +/-3,563 SF dedicated to the doctor’s office
  • Both tenants signed 15‑year guaranteed net leases expiring September 2026

Property Analytics

Current Use

Oliver Larry D ... Medical Clinic Dr. Larry D. ... Physician Permian Nephrology Associates Physician Ramakrishna Thokala, MD Physician Mamoun Bashir, MD Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 79703, TX

21,205
Population
8,110
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,262
Density / Sq Mi
$80,281
Median Household Income
$44,977
Median Earnings
$1,466
Median Rent
$220,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Single property includes dedicated dialysis clinic space and a separate nephrology doctor’s office under long-term net leases.
Where is this medical center located?
The property is located at 3302 W Golf Course Rd Midland, TX.
What are key features of this property?
This property features: 16,063 SF Fresenius Kidney Care dialysis clinic plus separate Permian Nephrology Associates doctor’s office; +/-12,500 SF dedicated to the clinic and +/-3,563 SF dedicated to the doctor’s office; Both tenants signed 15‑year guaranteed net leases expiring September 2026
More about this property
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