Warehouse, Office, Shop & Yard

Industrial for Sale
Catylist Listing ID: 30773824
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 8,700 SF
Gross Building Area: See Agent
Sale Price: $1,450,000
Unit Price: $166.67 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/10/2021

Overview / Comments

• Newly constructed building just south of Midland

• Easy access to the Permian and Delaware Basins via Hwy 158 and I-20

• Truck wash bays with large warehouse and office space. Large yard space with plenty of room for stackyard or trucking uses

• Warehouse, office and yard are beautifully maintained for easy move-in

• Tenant has agreed to extend lease for 1 year to add income valued at $156,000

Attachments & Media

Additional Details

Nearest MSA: Midland
County: Midland
Tax ID/APN: 039200241002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,219 7,625 28,549
Median Age: 31.65 29.75 31.36
Households: 393 2,405 9,591

Contact

Photograph of Listing Agent

Joe Magby

NAI Wheelhouse
West Texas CIE Member
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