1514 S County Road 1309 Midland, TX 79707

This industrial investment opportunity features a specialized facility leased to Drilling Tools International, Inc. (DTI), a provider of downhole drilling tools and services to the oil and natural gas industry. The property is located in the Permian Basin. The lease agreement commenced on April 18, 2019, with an expiration date of April 17, 2031, offering a remaining term of 62 months as of February 17, 2026. The fixed monthly rent is $87,254.72, equating to an annual rent of $1,047,056.64. The NNN lease structure stipulates that the tenant is responsible for property taxes, insurance, management fees (including a 3% property management fee), and roof repairs, all billed monthly. The landlord's obligations are limited to maintaining the roof, structure, foundation, concrete floors, and exterior walls. The property encompasses 52,246 square feet of industrial space across 4 buildings, approximately 10% of which is office space, situated on a 10.99-acre lot. Built in 2012, 2013, & 2016 with durable metal construction, the facility boasts a 29.7’ to 31.8’ warehouse eave height, multiple bridge and jib cranes, eight grade-level drive-in doors, and multiple wash bays.