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county road 100
Midland, TX 79706
$12,000,000
Property Description
Introducing an exceptional investment opportunity in the heart of the Permian Basin, between Midland & Odessa, TX. Located at 12319 W County Road 100, this NNN leased industrial property boasts a solid cap rate of 8.00. With an established oil & gas company as the tenant, offering a 5-year lease at $80,000 per month with (4) 3-year options and rent increases, this property promises a lucrative return on investment. Spanning 15 acres, the property features a total of 39,000 SF of under roof space across multiple buildings. Alongside office and shop spaces, you'll find high-quality office amenities including reception areas, private offices, conference rooms, break rooms and more. Enjoy easy access to I-20 and major highways, as well as being within a mile of the regions main airport. Don't miss out on this prime investment opportunity at 12319 W County Road 100. Dive into the thriving world of oil & gas with this remarkable property.
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Type: Commercial Property
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Year Built: 2018
Property Details
- Status:Available
- Type:Commercial Property
- MLS #:1846704
- Year Built:2018
Community Information
- Address:12401 county road 100 Midland, TX 79706
- County:Midland
- City:Midland
- Zip Code:79706
Property Features
- Restrictions:Other
- Utilities Available:Electricity, Water
Tax and Financial Info
- Proposed Terms:Sale Only, Cash, Conventional
$12,000,000
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