921 County Rd 140, Midland, TX 79706

Building Details

Year built

2024

Listing agent Thomas Johnston ABR /CNHS License #542176 Show Phone

Listing office The Real Estate Ranch LLC 6 Desta Drive Suite 1260, Midland, TX Show Phone

Listing date Jun 10, 2026

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MLS# 50095857

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This offering is a 21.698-acre industrial tract in Midland, TX, developed with several buildings ranging from approximately 5,000 to 7,500 square feet. The buildings are described as being on large, well-maintained tracts, and the portfolio is currently fully leased under NNN (Triple Net) lease structures. The property is being presented as a consolidated investment opportunity for buyers seeking stabilized, lease-based industrial exposure.

Access is a key feature of the site, with easy connectivity to Highway 349 and I-20. The property is also described as being about 20 minutes from the airport, which may be practical for companies whose operations involve frequent travel.

For investors, the combination of multiple industrial buildings and existing NNN leases provides an acquired-lease profile rather than a redevelopment or repositioning play. For tenants evaluating space, the current configuration supports industrial use cases compatible with the existing buildings, while the NNN structure places ongoing operational cost responsibility on the occupants under the terms in place. This portfolio is intended to expand an investor’s industrial holdings in the Permian Basin with a tract-based, multi-building NNN ownership structure.

Suggested Use

Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Food Market Storage Facility Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Midland

County

Midland

State

Texas

Longitude

-102.0469697

Latitude

31.9340574

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FAQs

What type of property is this?

NNN property - Multi-building industrial tract on NNN leases with direct connectivity to Highway 349 and I-20.

Where is this nnn property located?

The property is located at 921 County Rd 140 Midland, TX.

What is the asking price?

The asking price for this property is $6,200,000.

What are key features of this property?

This property features: 21.698‑acre industrial tract in the Permian Basin with easy access to Highway 349 and I‑20; Fully leased with all NNN (Triple Net) leases in place; Investment portfolio includes multiple buildings totaling 5,000 to 7,500 SF each