5612 County Road 1226 Midland, TX 79706
Industrial property with reliable tenant and long-term lease.
Building Details
- Year built
- 2018
Source:
Elliman
Listing Agency: Wellstone Properties
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Leased Industrial Property
Located in Midland, Texas, this industrial property at 5612 S County Road 1226 presents an investment opportunity. The property is NNN leased with an 8.00 cap rate. The lease term is 5 years plus four 3-year options with rent increases. Situated on a 10-acre lot, the property includes approximately 29,000 square feet of under-roof space. The front building features office and shop areas, including a reception area, office spaces, a conference room, a laboratory, a breakroom, and restrooms. The site also offers two additional warehouse buildings and expansive yard space suitable for equipment storage. The property's location provides access to I-20 and key infrastructure.
Location Intelligence
Current Use by Public Records
Obsidian Chemical Solutions
Chemical Manufacturer
Similar Places Nearby
NIMBY Self Storage, Nimby RV Storage
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.13149
- Latitude
- 31.943151
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Industrial property with reliable tenant and long-term lease.
Where is this warehouse located?
The property is located at 5612 County Road 1226 Midland, TX.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: - NNN leased industrial property with an **8.00 cap rate**.; - Lease term of 5 years plus (4) 3-year options with rent increases.; - Approximately **29,000 SF** of under-roof space, including office and warehouse buildings.