Industrial Flex
For Sale
Contact for pricing
3710 N County Rd 1148, Midland, TX 79705
Two single-tenant facilities offer office and warehouse space under triple-net leases.
Property SizeContact for details
Lot Size5.26 Acres
Days on Market144
Property Features for 3710 N County Rd 1148
General Information
Standard status
Active
Lot size
5.26 Acres
Property subtype
Industrial
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
NRG Realty Group
(432) 363-4777
Listed By:
Justin Dodd · License #9004023
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 10:58PM
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 NRG Realty Group
Investment Insights
Based on property information with market context.
This flex-space portfolio includes two single-tenant office/warehouse facilities totaling 12,000 SF across 5.26 acres. The VAS facility provides 5,000 SF with multiple utility connections for housing trailers. The PRRT property includes 7,000 SF of office and warehouse area, along with a 5 ton crane. PRRT expanded its facility at its own cost, while both tenants have occupied their respective spaces since 2015.
Both leases are structured on a triple-net basis. The VAS lease includes 3% annual escalations and runs through 12/31/2025. The PRRT lease runs through 1/31/2025 and includes a 60 month renewal option with a 28.6% rate increase. The properties are located at 3710 N County Rd 1148 in Midland, Texas.
Both leases are structured on a triple-net basis. The VAS lease includes 3% annual escalations and runs through 12/31/2025. The PRRT lease runs through 1/31/2025 and includes a 60 month renewal option with a 28.6% rate increase. The properties are located at 3710 N County Rd 1148 in Midland, Texas.
Key Highlights
- Two single‑tenant office/warehouse facilities totaling 12,000 SF
- Combined site area of 5.26 acres
- VAS facility includes 5,000 SF and multiple utility connections for housing trailers
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79705, TX
44,138
Population
20,021
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
91%
High-School Grad
79.4 sq mi
ZIP Area
556
Density / Sq Mi
$105,106
Median Household Income
$60,415
Median Earnings
$1,431
Median Rent
$329,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two single-tenant facilities offer office and warehouse space under triple-net leases.
Where is this flex space located?
The property is located at 3710 N County Rd 1148 Midland, TX.
What are key features of this property?
This property features: Two single‑tenant office/warehouse facilities totaling 12,000 SF; Combined site area of 5.26 acres; VAS facility includes 5,000 SF and multiple utility connections for housing trailers
