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23728970
23728971

11308 W. County Rd 61, Midland, TX 79707

LW
TX TX 0720055
Invest Texas Real Estate
RL
TX TX682287
Invest Texas Real Estate
Listed by Invest Texas Real Estate
$3,250,000
369 days on market
Updated 19 days ago

11308 W. County Rd 61

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 12,800
Tenancy Vacant
Acreage 25.330
Investment Type Sale/Leaseback

Investment + BTS Opportunity

Marketing description

This 25.33-acre industrial property includes a 12,800 SqFt existing building, multiple water wells, and 8 RV hookups. The seller is seeking an investor to purchase the site and partner on an 8,000 SF Build-to-Suit expansion, which will be leased back under a long-term agreement.

Investment highlights

Sales Price: $3,250,000

Initial Lease-Back (Current Building): $15,000/Month

Initial Lease-Back Term: 6 Months +/-

BTS Lease-Back: $13,000/Month

BTS SqFt: 8,000 SqFt

Lease-Back Rate: $19.50/SF/YR

BTS Lease-Back Term: 5 Years

Listing Contacts

LW
TX TX 0720055
Invest Texas Real Estate
RL
TX TX682287
Invest Texas Real Estate
Listed by Invest Texas Real Estate

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Additional Information

Name
Lance White
License
TX 0720055
Brokerage Phone
4327777022
Name
Robert LaFrance
License
TX682287
Brokerage Phone
(432) 777-7022
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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