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22190829
22190844

921 E County Rd 140, Midland, TX 79706

TJ
TX TX 542176
The Real Estate Ranch
Listed by The Real Estate Ranch
$6,200,000
495 days on market
Updated 15 days ago

Industrial Portfolio For Sale - 4 Buildings - 2 Tenants!

Details
APN R18398
Property Type Industrial
Sub Type Flex
Units 4
Cap Rate 9.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Class B
Year Built 2021
Buildings 4
Acreage 21.698
Zoning In the County/no Known Restrictions
Investment Type Stabilized

Investment Opportunity in the Permian Basin – Fully Leased Properties for Sale!

Marketing description

Investment Opportunity in the Permian Basin – Fully Leased Properties for Sale!

Located in a prime industrial area of the Permian Basin, this 21.698-acre tract offers easy access to Highway 349 and I-20, providing quick connectivity to key areas in Midland. The property is just 20 minutes from the airport, making it ideal for businesses with travel needs.

This investment portfolio includes several buildings ranging from 5,000 to 7,500 square feet, all on large, well-maintained tracts. Fully leased with all NNN (Triple Net) leases in place, this property is an excellent opportunity for any investor looking to expand their portfolio into a rapidly growing market.

Investment highlights

  • Location: Close to I-20 and Highway 349, offering excellent accessibility

  • Size: 21.698 acres, with fully leased buildings ranging from 5,000 to 7,500 sq ft

  • Investment Potential: Cap Rate of 8.5%, providing an attractive return

  • Fully Leased: Ready for a new investor, with all rents and NNN costs provided by the owner

  • Surging Demand: Situated in the Permian Basin, a region that has seen significant demand growth in recent years

Listing Contacts

TJ
TX TX 542176
The Real Estate Ranch
Listed by The Real Estate Ranch

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Additional Information

Name
Thomas Johnston
License
TX 542176
Brokerage
The Real Estate Ranch LLC
Brokerage Phone
432-688-8200
Title
Broker/Owner
Brokerage Address
6 Desta Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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