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$ 11,650,000
Est. payment | /mo
$ 11,650,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1846704
Construction Status Metal
Year Built 2018
Annual Tax Amount $55,500
Property Sub-Type Commercial Improved Prop
Property Description
Introducing an exceptional investment opportunity in the heart of the Permian Basin, between Midland & Odessa, TX. Located at 12319 W County Road 100, this NNN leased industrial property boasts a solid cap rate of 8.00. With an established oil & gas company as the tenant, offering a 5-year lease at $80,000 per month with (4) 3-year options and rent increases, this property promises a lucrative return on investment. Spanning 15 acres, the property features a total of 39,000 SF of under roof space across multiple buildings. Alongside office and shop spaces, you'll find high-quality office amenities including reception areas, private offices, conference rooms, break rooms and more. Enjoy easy access to I-20 and major highways, as well as being within a mile of the regions main airport. Don't miss out on this prime investment opportunity at 12319 W County Road 100. Dive into the thriving world of oil & gas with this remarkable property.
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
Listed by Landry Wells • Wellstone Properties • (806) 790-4548
Schools and Properties Nearby
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