NNN-Leased Commercial
6412 S COUNTY RD 1273, Midland, TX 79706
For Sale
Contact for pricing
An energy-services operator occupies the site under a lease reimbursing real estate taxes, insurance and CAM.
Property SizeContact for details
Days on Market43
Property Features for 6412 S COUNTY RD 1273
General Information
Standard status
Property subtype
Additional Details
Highway Access
Tenant in Place
Listing Agency:
NorthMarq - Newport Beach
Listed By:
Brett Butler · License TX #558227
(949) 662-1277
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 5:23PM
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 NorthMarq - Newport Beach
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property serves as an operating and staging base for Edge LNG, which uses mobile liquefaction units to convert stranded and flared natural gas into LNG. The tenant’s NNN lease runs through December 31, 2030, with real estate taxes, property insurance and CAM reimbursed by the tenant. The lease includes a renewal option with a 10% rent increase, and the reported NOI margin is 85%+.
Located in Midland’s Hawk View Addition off S. County Road 1273, the site connects to State Highway 191, FM 1788 and Interstate 20. The property is positioned within the Permian Basin, where Edge LNG deploys its equipment. A landlord-funded scope associated with the lease extension includes office build-out, HVAC, electrical work and interior finish upgrades.
Located in Midland’s Hawk View Addition off S. County Road 1273, the site connects to State Highway 191, FM 1788 and Interstate 20. The property is positioned within the Permian Basin, where Edge LNG deploys its equipment. A landlord-funded scope associated with the lease extension includes office build-out, HVAC, electrical work and interior finish upgrades.
Key Highlights
- Edge LNG uses the property as an operating and staging base for its mobile LNG business
- NNN lease term runs through December 31, 2030
- Tenant reimburses real estate taxes, property insurance and CAM
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
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
$280,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for NNN properties in Midland, TX
Properties on Market for NNN properties in Midland
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
NNN property - An energy-services operator occupies the site under a lease reimbursing real estate taxes, insurance and CAM.
Where is this nnn property located?
The property is located at 6412 S COUNTY RD 1273 Midland, TX.
What is the asking price?
The asking price for this property is $2,218,000.
What are key features of this property?
This property features: Edge LNG uses the property as an operating and staging base for its mobile LNG business; NNN lease term runs through December 31, 2030; Tenant reimburses real estate taxes, property insurance and CAM
