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.
MLS# | 1846704 |
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Listing Type | For Sale |
Style | Manufactured Home |
Status | Active |
Year | 2018 |
Days On Site | 18 |
Listing Provided By | Wellstone Properties | Landry Wells |
Zoning | C |
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State | TX |
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County | Midland |
City | Midland |
Zip Code | 79706 |
Area | Midland |
School District | Not Applicable |
Listing VS Median (In 79706) | |
Price: $12,000,000 low | high Med: $0 On site: 18 low | high Med: |