Shop / Warehouse Investment Opportunity

Industrial for Sale
Catylist Listing ID: 30351192
Property Subtypes: Warehouse/Distribution, Other
Building Size (RSF): 20,400 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $1,262,000
Unit Price: $61.86 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 11.39%
Average Occupancy Rate: 100
Last Updated: 11/28/2018

Overview / Comments

100% Occupied investment property available with little management required.

13 Units & Office / Living Quarters
Newer Construction
All Fenced - Electric Gate
Common Area Restrooms

Additional Details

Nearest MSA: Midland
County: Midland
Airports: I-20
Site Description: Property is located just 1/2 a mile south of I-20 on County Road 114. Surrounded by other warehouse / shop related businesses.
Tenancy: Multiple Tenants
Number of Stories: 1
Year Built: 2014
Construction/Siding: Aluminum Siding

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,682 49,332 97,261
Median Age: 31.99 30.81 33.4
Households: 853 16,851 35,559

Contact

Photograph of Listing Agent

Kay Ward, CCIM

WestMark Commercial West Texas CIE Member
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