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21279374
21279373

12401 W County Rd 100, Midland, TX 79706

JW
TX 580289
Wellstone Properties
Wellstone Properties
Listed by Wellstone Properties
Unpriced
500 days on market
Updated 16 days ago
Under Contract

12401 W County Road 100

Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 39,000
Net Rentable (SqFt) 39,000
Tenancy Single
Brand/Tenant Established Oil & Gas Company
Lease Type NNN
Lease Term 10
Lease Options (4) 3-Year Options with Rent Increases
Broker Co-Op Yes
Year Built 2018
Buildings 4
Acreage 15.000

NNN Lease

Marketing description

Introducing an exceptional investment opportunity in the heart of the Permian Basin, between Midland & Odessa, TX. Located at 12319 W County Road 100, this NNN leased industrial property boasts a solid cap rate of 8.25%. With an established oil & gas company as the tenant, offering a 10-year lease at $80,000 per month with (4) 3-year options and rent increases, this property promises a lucrative return on investment. Spanning 15 acres, the property features a total of 39,000 SF of under roof space across multiple buildings. Alongside office and shop spaces, you'll find high-quality office amenities including reception areas, private offices, conference rooms, break rooms and more. Enjoy easy access to I-20 and major highways, as well as being within a mile of the regions main airport. Don't miss out on this prime investment opportunity at 12319 W County Road 100. Dive into the thriving world of oil & gas with this remarkable property.

Properties Listed below also available for purchase individually or as a portfolio (Same owner all sale leaseback):

7401 S CR 1210, Midland, TX 79706 (Tenant - Purefrac) - $10,900,000

7401 S CR 1210, Midland, TX 79706 (NNN Mancamp Tenants - Blackstar Energy Services & Purefrac) - $7,270,000

490 E Harkness Rd, Carlsbad, NM 88220 (For sale by owner) (Tenant - Blackstar Energy Services) - $2,900,000

Investment highlights

  • Monthly Rent: $75,000

  • Tenant: Established Oil & Gas Company

  • Total Lot Size: 15 Acres

  • Total Rentable SF: 39,000 SF

  • Buildings: Multiple buildings on-site, including:

  • 3 Front Buildings with Office & Shop Space

  • High-Quality Office Space Featuring:

  • Reception Area

  • Numerous Private Offices

  • Conference Room

  • Break Room

  • Restrooms

  • Strategic Location:

  • Positioned in the heart of the Permian Basin

  • Between Midland & Odessa, TX

  • Easy access to I-20 & major highways

  • Within 1 mile of the region’s main airport

Listing Contacts

JW
TX 580289
Wellstone Properties
Wellstone Properties
Listed by Wellstone Properties

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Loan Amount
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$960,000.00
$80,000.00/mo

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Additional Information

Name
Jeremy Wells
License
580289
Brokerage
Wellstone Properties
Brokerage Phone
8065430873
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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