For Sale
$3,250,000
Investment + BTS Opportunity
25.33 Acres·
11 OH Doors·
Water Wells·
11308 W. County Rd 61 – Midland, TX
Property Description
This 25.33-acre industrial property includes a 12,800 SqFt existing building, multiple water wells, and 8 RV hookups. The seller is seeking an investor to purchase the site and partner on an 8,000 SF Build-to-Suit expansion, which will be leased back under a long-term agreement.
Property Details
Sales Price
$3,250,000
Initial Leaseback (Current Building)
$15,000/Mo
Initial Leaseback Term
6 Months +/-
BTS Leaseback
$13,000/Mo
BTS SqFt
8,000 SqFt
Leaseback Rate
$19.50/SF/YR
BTS Leaseback Term
5 Years
