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9265736
9265739

435 FM 1233, Monahans, TX 79756-8128 For Sale

JJ
TX 603059
Formation Real Estate LLC
ED
TX 755198
Formation Real Estate LLC
Listed by Formation Real Estate LLC
$900,000
1345 days on market
Updated 16 days ago

435 Fm 1233

Details
APN 0707513
Property Type Industrial
Sub Type Flex
Square Footage 3,750
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2027
Remaining Term 1.5
Price per SqFt $240
Year Built 2015
Year Renovated 2019
Buildings 1
Stories 1
Acreage 11.000
Dock High Doors 4

Industrial | 3,750 SF

Marketing description

Located in the heart of the Permian Basin, the Property is absolute net leased to Culberson Construction Energy Services (CCI), which provides midstream facilities maintenance services to the oil and gas industry. Net Lease expires 12/31/2027. The property includes a warehouses on 11 acres. It has many strategic advantages for energy service, trucking, pipeline construction/ fabrication companies servicing oil and gas processing facilities and infrastructure in the region.Located less than a 1 hour drive from Midland/Odessa. Contact brokers for more details.

Investment highlights

  • 3,750 square ft. metal building (50W x 75L) with approximately 25’ eve height

  • Four (4) oversized grade level bay doors, assumed 16’ tall; 2 drive-through bays

  • Three above ground water tanks presumably serving an open-air wash pit in the rear of the shop

  • Multiple modular office structures offset from the warehouse

  • +/- 11 Acres with 6’ chain link fence with 3 strands of barbed wire around the perimeter

  • Site access is from a main and secondary gate along FM 1233

  • 100% graveled, assuming 6” compacted caliche base across entire surface

  • 15 RV spots that allow for onsite employee lodging

  • Multiple RV hookups include individual power and (assuming) water and septic connections

Listing Contacts

JJ
TX 603059
Formation Real Estate LLC
ED
TX 755198
Formation Real Estate LLC
Listed by Formation Real Estate LLC

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