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29190697
29190696

7401 S County Rd 1210, Midland, TX 79706

JW
TX 580289
Wellstone Properties
Wellstone Properties
Listed by Wellstone Properties
$13,000,000
405 days on market
Updated 0 days ago

7401 S County Road 1210

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 62,950
Net Rentable (SqFt) 62,950
Units 1
Cap Rate 8.25%
NOI $1,080,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 10
Remaining Term 10
Lease Options (4) 3-Year Options with Rent Increases
Broker Co-Op Yes
Year Built 2022
Year Renovated 2025
Buildings 1
Stories 1
Acreage 32.500
Investment Type Stabilized
Ground Lease No
Sale Condition Sale for leaseback

Industrial | 8.25% CAP | NNN Lease

Marketing description

7401 S County Road 1210 | Midland, Texas 79706 presents an exceptional opportunity to acquire a mission-critical NNN leased industrial asset in the heart of the Midland-Odessa industrial corridor. Leased to PureFrac on a long-term triple net structure, the property offers an attractive 8.25% cap rate, $1,080,000 in annual rent, and a 10-year term with four 3-year renewal options. Positioned on 32.5 acres, the asset will total approximately 62,950 SF following Seller’s planned Q4 2026 expansion at Seller’s expense. Improvements include a front office with quality finishes, multiple private offices, conference room, breakroom, restrooms, expansive warehouse and shop space, seven 20-ton overhead cranes, a rear 80' x 40' shop/wash bay, and abundant yard area for fleet and equipment storage. The planned expansion adds two new 25' x 150' bays and a new 50' x 75' test pit, further enhancing functionality and long-term value. With immediate access to key oilfield service routes, I-20, and major transportation arteries, this is a premier West Texas industrial investment with strong income and strategic upside.

Listing Contacts

JW
TX 580289
Wellstone Properties
Wellstone Properties
Listed by Wellstone Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$1,080,000.00
$90,000.00/mo

Valuation Metrics

0
DSCR
8.31%
Cap Rate
8.31%
ROI

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Additional Information

Name
Jeremy Wells
License
580289
Brokerage
Wellstone Properties
Brokerage Phone
8065430873
Title
Real Estate Broker
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