Prime Investment | Strong Credit Tenants | 9.9% Cap Rate

16021610 E County Rd 153, Midland, TX 79706

  • For Sale $1,242,424.24
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 6,000 SF
  • Units 2
  • Lot Size 4 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 28, 2024
  • HVAC None
The property is located in Midland County, outside city limits, 5 miles south of Interstate 20 and approximately 1 mile north of FM 160.NRG Realty Group is proud to present an exceptional opportunity for industrial real estate investors looking to acquire two side-by-side 3,000 square foot (SF) buildings situated on a combined total of +/- 3.5 acres of land. These properties are currently generating a stable Net Operating Income (NOI) of $123,000 annually, supported by two high-credit tenants—Badger Infrastructure Solutions and Evers & Sons. These buildings are located in Midland, TX, part of the Permian Basin, the epicenter of U.S. oil and gas production. The Permian Basin is one of the most prolific oil-producing regions globally, and Midland serves as the hub for energy companies, service providers, and infrastructure supporting the industry. With vast reserves of both oil and natural gas, Midland has seen continuous investment and technological advancements, making it a key driver in U.S. energy independence and global supply. Its strategic location and industry dominance position it as a critical player in the energy market.

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Highlights

  • 9.9% Cap Rate
  • $123,000 NOI
  • 6,000 SF on 4 Acres Across 2 Lots

Contacts

broker

Larry Nielsen

NRG Realty Group

Location

Getting Around

  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Midland, TX
  • Neighborhood Ridgeheights
  • Zip Code 79706
  • Market Midland Odessa

Points of Interest

  • Sunoco

    4.56 miles

  • Kent Kwik

    4.88 miles

  • Exxon

    5.40 miles

  • Stripes

    5.41 miles

  • Walmart

    5.58 miles

  • Texaco

    6.61 miles

  • Kent Kwik #321

    7.46 miles

  • DK

    7.73 miles

  • Tesla Supercharger

    8.42 miles

  • LHS Parking

    9.68 miles

  • Whataburger

    4.76 miles

  • IHOP

    5.32 miles

  • Popeyes

    5.33 miles

  • Burger King

    5.35 miles

  • McDonald's

    5.60 miles

  • Sonic

    5.62 miles

  • McAlister's Deli

    5.66 miles

  • Jack in the Box

    5.68 miles

  • La Mision

    6.37 miles

  • Reyna's Deli - Original

    6.47 miles

  • Walmart Supercenter

    5.44 miles

  • Kingsway Mall

    8.29 miles

  • Albertsons

    8.48 miles

  • Holt Ranch Plaza

    9.30 miles

  • H-E-B

    9.87 miles

  • Walmart Pharmacy

    5.47 miles

  • Midland Fire Department Station #2

    6.04 miles

  • Midland County Detention Center

    6.59 miles

  • Loraine Center / Midland Police Department

    7.11 miles

  • Midland Police Department

    7.11 miles

  • Midland Fire Department Station #1

    7.31 miles

  • Walgreens

    7.64 miles

  • Midland Fire Department Station #3

    7.69 miles

  • CVS Pharmacy

    7.75 miles

  • Midland Memorial Hospital

    7.77 miles

Frequently Asked Questions

How much does Prime Investment | Strong Credit Tenants | 9.9% Cap Rate cost?

The space currently listed for sale at Prime Investment | Strong Credit Tenants | 9.9% Cap Rate asks for $1,242,424.24.

What is the total square footage of Prime Investment | Strong Credit Tenants | 9.9% Cap Rate?

Prime Investment | Strong Credit Tenants | 9.9% Cap Rate totals 6,000 square feet.

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Contact Listing Broker

broker

Larry Nielsen

NRG Realty Group