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Expandable Industrial Warehouse with Office
For Lease
$12,000/Mo NNN

1003 E County Rd 140, Midland, TX 79706

Freestanding industrial warehouse with on-site office and partitioned 3-bay shop space for flexible operations.

Space SizeContact for details
Lot Size3.30 Acres
Days on Market91

Property Features for 1003 E County Rd 140

General Information

Standard status Active
Lot size 3.30 Acres

Additional Details

Service Bays 3
Office Units 6

Building Details

Year Built 2021
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston · License #542176
Source: Raftercrossrealty
Added: Jun 16 Changed: Sep 8 Last Checked: Sep 13 at 12:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Ranch LLC

Investment Insights

Based on property information with market context.

This anchor-style industrial building offers an expandable warehouse configuration on a 3.3-acre parcel, with exterior wainscoting described as black on a grey building. The total property size is 11,250 square feet, with space that can be expanded to fit operational needs.

The office component is 7,500 square feet and includes six offices, a kitchenette, a data room, three executive offices, one conference room, and three bathrooms. A separate 3,750-square-foot 3-bay shop includes an overhang and an extra partitioned bay designed for separate inventory or lockup storage. The property is located at 1003 E County Road 140, Midland, Texas, and is described as part of new industrial development on the road.

The layout supports businesses that need a dedicated office presence alongside flexible warehouse and shop storage. The partitioned bay can be useful for maintaining separate inventory or controlled lockup within the shop area, while the expandable warehouse configuration allows the tenant to scale within the building’s framework. This is offered for rent as a sublease with an NNN lease rate noted at $12k NNN.

Key Highlights

  • 3.3‑acre CR 140 property with an anchor industrial building for new development
  • 11,250 SF industrial warehouse expandable for future needs
  • On‑site 7,500 SF office space with 6 offices, kitchenette, data room, 3 executive offices, and 1 conference room

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Restaurant Big Box & Wholesale Store Storage Facility Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Service bays
6
Office units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79706, TX

31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Midland, TX

$20.57 /SF/Yr
Avg Asking Price
$9.78–$27.5 /SF/Yr
Price Range
11,081 SF
Avg Space Size

This space is priced 38% below the average of $20.57 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Freestanding industrial warehouse with on-site office and partitioned 3-bay shop space for flexible operations.
Where is this flex space located?
The property is located at 1003 E County Rd 140 Midland, TX.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: 3.3‑acre CR 140 property with an anchor industrial building for new development; 11,250 SF industrial warehouse expandable for future needs; On‑site 7,500 SF office space with 6 offices, kitchenette, data room, 3 executive offices, and 1 conference room
More about this property
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