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33285784
33285787

5100 FM715, Midland, TX 79706

JD
TX 9004023
NRG Realty Group
DF
NRG Realty Group
NRG Realty Group
Listed by NRG Realty Group
$2,526,315
221 days on market
Updated 2 days ago

9.5% Cap Rate - Industrial Outdoor Storage

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 13,500
Cap Rate 9.5%
NOI $240,000
Tenancy Single
Lease Type NNN
Lease Expiration 01/31/2032
Remaining Term 5.7
Rent Bumps Yes
Price per SqFt $187
Class C
Year Built 2019
Buildings 1
Acreage 5.320
Zoning None
Investment Type Net Lease
Ground Lease No
Ceiling Height 24

9.5% Cap Rate - Industrial Outdoor Storage

Marketing description

NRG Realty Group has been selected to exclusively market this exceptional industrial investment opportunity in Midland, Texas. The property is fully leased to ASL Group US Co., a heavy-duty repair and fleet maintenance company expanding into the U.S. market with strong roots in the industry. Backed by its affiliation with Aftermarket Solutions, a well-established Canadian firm, ASL brings over two decades of hands-on experience and a proven reputation for quality, reliability, and performance.

Secured under a 7-year Triple Net lease, this investment offers a 9.5% cap rate and a first-year NOI of $240,000, providing immediate, stable cash flow from a growing international operator.

The 13,500 SF facility, built in 2019, sits on 5.32 fenced and secured acres and features a 7,125 SF shop with a 10-ton crane, 2,250 SF of office space, 1,875 SF wash-bay, and 2,250 SF of second-floor living quarters. The property also includes a 3-bedroom residential house fronting FM 715 (not included in total SF). With its modern design, versatile layout, and quality tenancy, this property represents a rare opportunity to acquire a turnkey industrial asset positioned for long-term success.

Investment highlights

7 Year NNN Lease

9.5% Cap Rate

Stable, Growing International Tenant

13,500 SF on 5.32 Acres

Office: 2,250 SF

Living Space: 2,250 SF

Shop: 7,125 SF

Wash-Bay: 1,875 SF

(7) 16'x14’ Overhead Doors

(1) 10-ton Crane

No known zoning restrictions

3-Phase Power

Water Well, Septic System

3-Bedroom Residential House Fronting FM 715 (Not included in total SF)

Listing Contacts

JD
TX 9004023
NRG Realty Group
DF
NRG Realty Group
NRG Realty Group
Listed by NRG Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$240,000.00
$20,000.00/mo

Valuation Metrics

0
DSCR
9.5%
Cap Rate
9.5%
ROI

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Additional Information

Name
Justin Dodd
License
9004023
Brokerage
NRG Realty Group, LLC
Title
President
Brokerage Address
6191 State Highway 161
Name
Dakota Flowers
License
823743
Brokerage
NRG Realty Group
Brokerage Phone
4328955656
Title
Associate
Name
Amy Brasher Barnett
License
TX 514276
Brokerage
NRG Realty Group
Title
Broker Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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