8911 County Road 139 - Warehouse FOR SALE


Midland, TX 79706
$2,925,000 USD
214-534-7976
8911 County Road 139, Midland, TX for Sale
$2,925,000 USD
Warehouse - FOR SALE
1/8
null | 9% Cap Rate

8911 County Road 139
Midland, TX 79706


HIGHLIGHTS

  • Occupied by GTUIT, LLC – Leaders in Distributed Gas Treatment & Monetization
  • 55 months remaining term (LXD – 11/1/2029)
  • Triple-Net Lease with 3% Annual Increases

OVERVIEW

This Single Tenant Net Lease (STNL) industrial investment opportunity is strategically located in Midland, TX, at the heart of the Permian Basin, the most active oil and gas producing region in the United States. The property at 8911 W County Rd 139, Midland, TX, is currently leased to GTUIT LLC, a leading provider of natural gas processing and emissions reduction solutions for the energy industry. The NNN lease structure is a long-term agreement with 55 months (4 years, 7 months) remaining as of April 1, 2025, providing investors with a stable and predictable income stream. The lease includes an automatic renewal for an additional three-year term unless the tenant provides termination notice 180 days prior to expiration, ensuring extended tenancy and consistent cash flow. This industrial outdoor storage (IOS) facility sits on a well-positioned site between Midland & Odessa, ideal for energy service companies operating in the Permian Basin. The property benefits from a triple net lease (NNN)-like structure, as the landlord's maintenance responsibilities (roof and structural repairs) along with property management fees, property taxes, and insurance are billed back to the tenant through operating expenses, minimizing landlord exposure and allows for. With 3% annual rent escalations, a strong corporate tenant, and a location in one of the most in-demand industrial markets in the U.S., this property represents an outstanding industrial net lease investment. About the Property: This Class-A maintenance facility is located 1.5 miles South of I-20 in Midland, TX. Comprised of a 12,000 SF office/warehouse plus a 1,500 SF detached wash-bay on 5.91 Acres. The main facility has 3,000 SF of corporate style office including 7 private offices, a reception area, secretary office, dispatch office, break room, and multiple restrooms. The 9,000 SF shop space boasts 5 drive-through bays with 18' tall overhead doors, ready for a 5-ton crane, separated mechanics area, and 3-Phase power. The separate wash-bay building is drive-through and fully enclosed. Located outside city limits and outside of any flood zone.

FOR SALE DETAILS

PRICE

$2,925,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Yield STNL Investment - Outdoor Storage!

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.91

LAND SF

257,440

ZONING

None

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justin DoddNRG Realty Group, LLCMore Info
214-534-7976

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Justin DoddNRG Realty Group, LLCMore Info
214-534-7976

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.