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29351341
29351342

7710 W Hwy 80, Midland, TX 79706 For Sale

KB
NM 20308
CORE Realty Group
Listed by CORE Realty Group
$7,900,000
178 days on market
Updated 81 days ago

Permian Basin Industrial Campus | 58K SF | $7.9M

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 58,000
Cap Rate 8.80%
Tenancy Single
Lease Type NNN
Price per SqFt $136
Year Built 1979
Year Renovated 2007
Buildings 3
Acreage 10.650
Ceiling Height 14',16',24'

Industrial | 58,204 SqFt | 10.65AC

Marketing description

$7.9M | 58K SF Industrial Campus on ±10.6 Acres | Crane-Served Permian Basin Investment

This offering represents a rare opportunity to acquire a multi-building industrial asset with significant income potential and built-in upside in Midland, Texas.

The property consists of 58,204 SF of improvements across multiple buildings situated on approximately ±10.6 acres, including a large asphalt yard and additional laydown space. The facility is equipped with three overhead cranes (2 × 5-ton, 1 × 2-ton), heavy power infrastructure, and executive office space, supporting a wide range of industrial operations.

The asset is ideally positioned for a multi-tenant leasing strategy, allowing investors to lease by building, division, or yard use—maximizing revenue across multiple channels.

With strong demand for yard-intensive, crane-served industrial space in the Permian Basin, the property offers a clear path to:

  • Rapid lease-up
  • Rental rate growth to market levels
  • Stabilized NOI approaching or exceeding $900K+

This is a cash-flow-driven investment with operational flexibility and scalable returns.

Key Investment Highlights

  • 58,204 SF industrial improvements
  • ±10.6-acre total site
  • 6.1-acre asphalt yard + additional yard space
  • 3 overhead cranes (2 × 5-ton, 1 × 2-ton)
  • Multi-building configuration (A–E on Brochure)
  • 19-office executive suite + open workspace
  • Executive suite offers a large conference room and an employee lounge
  • Machine shop + additional shop buildings
  • On-site living quarters
  • Heavy power infrastructure + natural gas
  • Minutes from Midland International Air & Space Port
  • Immediate access to I-20

Investment Strategy

  • Lease buildings individually to multiple tenants
  • Monetize yard through industrial users
  • Increase rents to current market levels
  • Stabilize occupancy and maximize NOI

Projected Stabilized NOI: $900K+ with upside through yard utilization and multi-tenant leasing.

Investment highlights

Key Investment Highlights

  • 58,204 SF industrial improvements
  • ±10.6-acre total site
  • 6.1-acre asphalt yard + additional yard space
  • 3 overhead cranes (2 × 5-ton, 1 × 2-ton)
  • Multi-building configuration (A–E on Brochure)
  • 19-office executive suite + open workspace
  • Machine shop + additional shop buildings
  • On-site living quarters
  • Heavy power infrastructure + natural gas
  • Minutes from Midland International Air & Space Port
  • Immediate access to I-20

Listing Contacts

KB
NM 20308
CORE Realty Group
Listed by CORE Realty Group

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