$3,864,000
9.00% Cap Rate·
14,855 SF on 9.89 Acres·
Long-Term Net Lease·
10009 W County Rd 72
Property Description
Located in Midland’s active industrial market, this newly constructed 14,855 SF facility sits on 9.89 acres and presents an attractive income-producing investment opportunity. Built in 2025, the property features office, shop, and wash bay space, along with a fenced, stabilized yard designed for heavy equipment, fleet operations, and industrial storage. Offered at $3,864,000 with a 9.00% cap rate, the property benefits from a long-term net lease through December 2032, 1.6% annual rent increases, and limited landlord responsibilities, providing investors with stable income potential and scheduled rental growth.
Property Details
Cap Rate: 9.00% | 2027 NOI: $347,760
Annual Increases: 1.6% | Lease Expiration: December 31, 2032
Lease Type: Single-Tenant Net
Building: 14,855 SF | Land: 9.89 Acres
Year Built: 2025 | Overhead Doors: (10) 16' × 18'
Office: 2,055 SF | Shop: 9,600 SF
Wash Bay: 1,200 SF | Mezzanine: 2,000 SF
Building Features: Insulated Shop, Crane Ready, Pull-Through Bays
Site Features: Fenced & Stabilized Yard, Gated Entry, Covered Parking
Additional Features: LED Lighting, Yard Lighting, Truck Circulation
