2900 Elkins Road
Industrial | 13,150 SqFt
Marketing description
The property is a two-building industrial asset situated on 3.48 acres of land, offering a total of 13,150 square feet of space The buildings feature metal construction and have a total of 12 grade-level doors, providing easy access for loading and unloading. The property is divided into five units, with only 2 percent of the space dedicated to office use. This leaves a significant amount of room for industrial or warehouse activities. The property's design and layout make it an attractive option for businesses that require easy access and ample space. The metal construction of the buildings also provides a durable and low-maintenance option for owners. The property's size and layout make it suitable for a variety of industrial uses.
Investment highlights
• Two-Building 13,150-Square-Foot Industrial Asset Situated on 3.48 Acres
• Featuring Metal Construction, 12 Grade-Level Doors, Five Units, & Only 2 Percent Office Space
• Includes Vacant 7,000-Square-Foot Facility & 6,150-Square-Foot Building Fully Occupied by Three Auto Mechanics on MTM Gross Leases, Creating Lease-up/Owner-User Opportunity
• Priced Below Replacement Cost with Only Two Other Industrial Buildings Available for Lease within a Two-Mile Radius During Q1 2026
• Located Inside Loop 250 at the Intersection of Elkins Road and County Road 72, 3.8 Miles from Interstate 20
• Midland Market Metrics: 8.6% Vacancy Rate and -0.7 Percent Annual Rent Growth in 2025, Only 0.3 Percent of Inventory Under Construction at 2026 Start
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