New Industrial Building with
For Lease
$19,708/Mo
5620 FM 1788 Lot 3, Midland, TX 79706
Newly constructed industrial building with crane and ample office space.
Space Size10,750 SF
Lot Size6.18 Acres
Days on Market108
Property Features for 5620 FM 1788 Lot 3
General Information
Standard status
Active
Size
10,750 SF
Lot size
6.18 Acres
Property subtype
Industrial - Warehouse/Distribution
Building Details
Building Size
10,750 SF
Year Built
2025
Spaces For Lease
at 5620 FM 1788 Lot 3 Contact us- Size
- 10,750 SF
- Type
- Warehouse/Distribution
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Crane-Ready Shop W/Wash-Bay & Apartment
Listing Agency:
NRG Realty Group
(432) 363-4777
Listed By:
Justin Dodd · License #9004023
Source:
Commercialcafe
Added: May 15
Changed: Aug 26
Last Checked: Aug 29 at 6:29AM
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 newly constructed industrial building offers 11,375 square feet of space on 6.182 acres. The property is strategically positioned off North FM 1788, providing quick access to I-20 and SH 191, which facilitates connectivity between Midland, Odessa, and the greater Permian Basin. The location offers visibility and efficient logistics routes, with balanced access to major markets. The 2,000-square-foot office area includes seven private offices, a large conference room, two bathrooms, a kitchen/breakroom, and a storage office. The second-floor space features up to 2,000 square feet of unfinished mezzanine plumbed for two bathrooms, showers, and a kitchen, suitable for an additional breakroom or apartment setup. The fully insulated warehouse includes a 10-ton crane, three drive-through bays with six 14'x16' overhead doors, an additional office, and a bathroom with a shower. At the rear of the building is a covered 1,875-square-foot wash bay and an additional 14'x16' overhead door. The property is fully fenced and secured, with fiber internet access, 3-Phase/600-amp power, and a 20 GPM water capacity. Infrastructure improvements in the corridor are expected to enhance long-term accessibility and growth potential.
Key Highlights
- Strategic location off N FM 1788 with quick access to I‑20 and SH 191.
- Newly constructed 11,375 SF industrial building on 6.182 acres.
- Warehouse features a 10‑ton crane and 3 drive‑through bays with (6) 14’x16’ OH doors.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.12 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$21.01 /SF/Yr
Avg Asking Price
$10.43–$27.5 /SF/Yr
Price Range
11,554 SF
Avg Space Size
This space is priced 1% below the average of $21.01 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Desert RV and Boat Storage — 9913 W County Rd 157, Midland, TX 79706
Frequently Asked Questions
What type of property is this?
Warehouse - Newly constructed industrial building with crane and ample office space.
Where is this warehouse located?
The property is located at 5620 FM 1788 Lot 3 Midland, TX.
What is the lease rate?
The lease rate is $19,708/Mo.
What are key features of this property?
This property features: Strategic location off N FM 1788 with quick access to I‑20 and SH 191.; Newly constructed **11,375 SF industrial building on 6.182 acres.**; Warehouse features a **10‑ton crane and 3 drive‑through bays** with (6) 14’x16’ OH doors.
