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Permian Basin Industrial Facility
For Lease
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1409 E County Rd 120, Midland, TX 79706

Industrial facility with yard space and high-capability shop for rent.

Days on Market131

Property Features for 1409 E County Rd 120

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Invest Texas Real Estate
Listed By: Robert LaFrance · License #TX682287
Source: Crexi
Added: Mar 23 Changed: Jul 6 Last Checked: Jul 30 at 10:05AM

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 Invest Texas Real Estate

Investment Insights

Based on property information with market context.

This Permian Basin industrial facility is available for rent. It features yard space and a high-capability shop, suitable for various industrial applications.

Key Highlights

  • Permian Basin location
  • Industrial facility
  • Features yard space

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Electrical Service Restaurant

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

NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

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

Market

Lease Benchmarks for Midland, TX

$21.31 /SF/Yr
Avg Asking Price
$9.25–$27.5 /SF/Yr
Price Range
7,168 SF
Avg Space Size

This space is priced 8% below the average of $21.31 /SF/Yr.

Properties on Market for Industrial properties in Midland

Jan
Feb
Mar
Apr
May
Jun

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial facility with yard space and high-capability shop for rent.
Where is this industrial property located?
The property is located at 1409 E County Rd 120 Midland, TX.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Permian Basin location; Industrial facility; Features yard space
(432) 894-2193 Call to check price and availability
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