12401 county road 100 Active

Midland,TX 79706

$ 12000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1846704

Year Built 2018

Annual Tax Amount $55,500

Property Sub-Type Commercial Improved Prop

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.

Location

State TX

County Midland

Area 3100

Zoning C

Exterior

Garage Spaces 50.0

Utilities Available Electricity,Water

Roof Type Metal

Schools

School District Not Applicable

Others

Acceptable Financing Sale Only,Cash,Conventional

Listing Terms Sale Only,Cash,Conventional

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