Midland County, TX Parking lots & garages for sale

Updated: Mar 9

Land Under Absolute NNN Ground Lease

300 N Marienfeld St, Midland, TX 79701

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149,000 sqft 1.38 AC lot

Fee simple land offered subject to a 99‑year absolute NNN ground lease to an investment‑grade tenant
1.38‑acre site located beneath a 149,000 SF, 12‑story Class A office building and an adjoining 7‑story parking garage
Assumable 35‑year fixed‑rate financing with 32 years remaining, high‑leverage, non‑recourse
Zero‑cash‑flow structure includes a pay‑down/re‑advance feature to align debt and equity for 1031 buyers
Additional mezzanine debt is also available

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Midland County, TX, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.