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32836503
29228448

0 S CR 1210, Midland, TX 79706

JW
TX 580289
Wellstone Properties
Wellstone Properties
Listed by Wellstone Properties
$7,270,000
140 days on market
Updated 6 days ago

Absolute NNN Mancamp

Details
Property Type Industrial, Special Purpose
Sub Type Mancamp
Square Footage 14,450
Net Rentable (SqFt) 14,450
Units 40
Cap Rate 8.25%
NOI $600,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Blackstar Energy Services & Purefrac
Lease Type Absolute NNN
Broker Co-Op Yes
Year Built 2026
Buildings 11
Acreage 7.500
Investment Type Sale/Leaseback

Mancamp | 8.25% CAP | NNN Lease

Marketing description

This NNN leased Mancamp, currently in the buildout phase, presents a lucrative investment opportunity with zero lease-up risk. Housing established Oil & Gas companies, Purefrac & Blackstar Energy Services, this property offers a high monthly rent of $50,000 with an impressive cap rate of 8.25%. Upon completion, the property will boast approximately 20,000 SF across multiple buildings, including 10 permanent Mancamp houses, RV spaces, and a communal building with modern amenities like a gym, kitchen, and lounge area. Plus, there is plenty of space for future development/expansion with the property sitting right at 7.5 acres. Strategically located next to the leasing frac company, in proximity to key oilfield routes and I-20, this NNN leased mancamp provides seamless access to the bustling Midland-Odessa Industrial Corridor. Don't miss out on this exceptional investment opportunity at 7401 S County Road 1210, Midland, TX 79706. Experience the potential of this property to elevate your commercial real estate portfolio.

Properties Listed below also available for purchase as a portfolio or individually (Same owner and all sale leaseback):

7401 S CR 1210, Midland, TX 79706 (Tenant - Purefrac) - $13,000,000

490 E Harkness Rd, Carlsbad, NM 88220 (For Sale by Owner) (Tenant - Blackstar Energy Services) - $2,900,000

Listing Contacts

JW
TX 580289
Wellstone Properties
Wellstone Properties
Listed by Wellstone Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$600,000.00
$50,000.00/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
ROI

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Additional Information

Name
Jeremy Wells
License
580289
Brokerage
Wellstone Properties
Brokerage Phone
8065430873
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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