909 E County Road 140 - Warehouse FOR SALE


Midland, TX 79706
$6,500,000 USD
432-688-8200
909 E County Road 140, Midland, TX for Sale
$6,500,000 USD
Warehouse - FOR SALE
1/12
null | 9.18% Cap Rate

909 E County Road 140
Midland, TX 79706


HIGHLIGHTS

  • Location: Close to I-20 and Highway 349, offering excellent accessibility
  • Size: 21.698 acres, with fully leased buildings ranging from 5,000 to 7,500 sq ft
  • Investment Potential: Cap Rate of 9.18%, providing an attractive return
  • Fully Leased: Ready for a new investor, with all rents and NNN costs provided by the owner
  • Surging Demand: Situated in the Permian Basin, a region that has seen significant demand growth in recent years

OVERVIEW

Investment Opportunity in the Permian Basin – Fully Leased Properties for Sale! Located in a prime industrial area of the Permian Basin, this 21.698-acre tract offers easy access to Highway 349 and I-20, providing quick connectivity to key areas in Midland. The property is just 20 minutes from the airport, making it ideal for businesses with travel needs. This investment portfolio includes several buildings ranging from 5,000 to 7,500 square feet, all on large, well-maintained tracts. Fully leased with all NNN (Triple Net) leases in place, this property is an excellent opportunity for any investor looking to expand their portfolio into a rapidly growing market.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$867 USD /SF

CAP RATE

9.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Buildings - 2 Tenant Portfolio for Sale!

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.84

LAND SF

472,077

ZONING

In the County

APN/PARCEL ID

R000006-215

ASK ABOUT THIS PROPERTY

Thomas JohnstonReal Estate RanchMore Info
432-688-8200

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Thomas JohnstonReal Estate RanchMore Info
432-688-8200

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