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28882269
28882271

S County Rd 1232, Midland, TX 79706

RL
TX TX682287
Invest Texas Real Estate
TH
TX 0770263
Invest Texas Real Estate
Listed by Invest Texas Real Estate
$2,620,000
194 days on market
Updated 12 days ago

TBD S County Rd 1232

Details
Property Type Industrial
Sub Type Flex
Square Footage 11,500
Cap Rate 9.25%
NOI $241,500
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 01/31/2031
Remaining Term 4.6
Price per SqFt $233
Year Built 2025
Buildings 1
Stories 2
Acreage 4.450
Investment Type Net Lease
Lease Commencement 01/31/2026
Occupancy Date 02/01/2026

Industrial | 9.25% CAP | 11,500 SqFt

Marketing description

Prime single-tenant NNN investment in Midland, TX, delivering a strong 9.25% cap rate backed by a nationally recognized industrial safety tenant. This newly built Class A 11,500 SF facility on 4.45 acres features modern office space, a large wash-bay, 6 bays with 14’ x 16’ OH doors, and a crane-ready design. Strategically positioned in the heart of the Permian Basin, the site offers exceptional connectivity and long-term stability in one of the most active energy corridors in the U.S.

Investment highlights

  • 9.25% Cap Rate with $241,500 NOI

  • 5-year NNN lease beginning Feb 1, 2026

  • Tenant: Total Safety, a global leader with 180+ locations

  • Scheduled 1.5% rent increases

  • Strong long-term stability in a premier energy market

  • 11,500 SF total | 4,000 SF office

  • 6 bays, 14’ × 16’ OH doors

  • Crane-ready construction

  • 1,500 SF wash-bay

  • 25’ eave height

  • Situated on 4.45 acres with ample laydown space

  • Newly constructed Class A facility (2025)

Listing Contacts

RL
TX TX682287
Invest Texas Real Estate
TH
TX 0770263
Invest Texas Real Estate
Listed by Invest Texas Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$241,500.00
$20,125.00/mo

Valuation Metrics

0
DSCR
9.22%
Cap Rate
9.22%
ROI

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Additional Information

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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