For Sale
For Sale
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Overview
Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase Frost Tower in Midland’s CBD (the “Property”). Frost Tower is a 177,952 square foot, Class A- twelve-story, multi-tenant office building ideally located in downtown Midland, Texas, the operating center for the Permian Basin, the Oil Capital of America™. Currently 88.1 percent leased, Frost Tower offers the opportunity to increase revenue while the existing rent roll provides stable cash flow with contractual rent at below market rates.
Stable and growing tenant base
Exceptional visibility and accessibility
Strong upside potential
High yield opportunity
Minimal future capital investment required
Property Details
Iconic Investment Opportunity - Exceptional Midland Location
Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase Frost Tower in Midland’s CBD (the “Property”). Frost Tower is a 177,952 square foot, Class A- twelve-story, multi-tenant office building ideally located in downtown Midland, Texas, the operating center for the Permian Basin, the Oil Capital of America™. Currently 88.1 percent leased, Frost Tower offers the opportunity to increase revenue while the existing rent roll provides stable cash flow with contractual rent at below market rates.
Stable and growing tenant base
Exceptional visibility and accessibility
Strong upside potential
High yield opportunity
Minimal future capital investment required
- Property TypeOffice
- Total Acres4.09
- Building ClassA
- Property ID1987313