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Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1845824
Construction Status Metal
Year Built 2018
Annual Tax Amount $45,300
Property Sub-Type Commercial Improved Prop
Property Description
Introducing an exceptional investment opportunity in the heart of Midland-Odessa at - 5612 S County Road 1226, Midland, TX 79706. This NNN leased industrial property boasts a cap rate of 8.00 with a reliable tenant and a lease term of 5 years plus (4) 3-year options with rent increases. Situated on a 10-acre lot, the property features approximately 29,000 SF of under-roof space, including a large front building with office and shop areas that include a reception area, high-quality office spaces, a conference room, laboratory, breakroom, and restrooms. The site also offers two large additional warehouse buildings and expansive yard space for equipment storage. Benefitting from its strategic location near major highways and energy sector activity, this property provides easy access to I-20 and key infrastructure. Don't miss this opportunity to acquire a prime industrial asset in a highly sought-after area.
Location
State TX
County Midland
Area 3100
Zoning C
Exterior
Garage Spaces 50.0
Utilities Available Electricity, Water
Roof Type Metal
Building
Construction Status Metal
Schools
School District Not Applicable
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
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Listed by Landry Wells • Wellstone Properties • (806) 790-4548