1611 E County Rd 139 Midland, TX 79706

Listing agency NRG Realty Group j***@nrgrealtygroup.com Show Phone

Listed by Justin Dodd · License #9004023

Source Crexi

Added: Apr 12 Updated: Jul 22 at 5:40PM Checked: Jul 22 at 5:40PM

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Investment Insights

Based on property information with market context.

This industrial outdoor storage opportunity is leased under an absolute triple-net structure to ClearFlow Energy Services (CFES). CFES began leasing in 2019 and recently executed a new 24-month lease to expand onto an adjacent property. The lease is described as true triple net, with CFES responsible for maintenance, taxes, and insurance, and the agreement includes no options to renew.

The portfolio includes two adjacent properties at 1611 E County Rd 139 and 1704 E County Rd 139 in Midland, TX, outside city limits with no zoning. The main office/warehouse facility at 1611 ECR 139 features a metal building with a first-floor office, upstairs 3-bed living quarters, shop space with (4) 16' overhead doors, a 5-ton crane, and a 1,250 SF wash-bay. 1704 E CR 139 includes an 1,800 SF office/warehouse on 1 acre and additional utility hook-ups for RVs.

Water well and septic services support the properties, and CFES has invested their own capital in utility hook-ups and a septic system for onsite employee living quarters.

Key Highlights

• Industrial outdoor storage opportunity in Midland, TX under an absolute net lease to ClearFlow Energy Services (CFES).
• CFES began leasing in 2019 and recently executed a new 24‑month lease to expand onto the adjacent property.
• Triple net lease: CFES responsible for maintenance, taxes, and insurance.

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FAQs

What type of property is this?

Warehouse - Metal warehouse offering onsite office, upstairs living quarters, shop space with overhead doors, crane, and wash-bay.

Where is this warehouse located?

The property is located at 1611 E County Rd 139 Midland, TX.

What are key features of this property?

This property features: Industrial outdoor storage opportunity in Midland, TX under an absolute net lease to ClearFlow Energy Services (CFES).; CFES began leasing in 2019 and recently executed a new 24‑month lease to expand onto the adjacent property.; Triple net lease: CFES responsible for maintenance, taxes, and insurance.