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- LoopNet Team
2825 E Interstate 20
Midland, TX 79706
Property For Lease
Highlights
- 2825 E Interstate 20 is comprised of a 3,753 SF office and 13,228 SF of warehouse space sitting on a fully fenced five-acre lot.
- The Permian Basin accounts for 20% of crude oil and 7% of dry natural gas production in the US with recent reports projecting an explosion of growth.
- Located in one of America’s fastest-growing markets with the population expected to rise by 16% in the next five years within a 10-mile radius.
- The warehouse features two drive-in doors and the office contains a reception area, private offices, and a conference/break room.
- Within five minutes of essential workforce amenities such as Walmart, Tractor Supply, Starbucks, Dollar General, and a diverse array of eateries.
- Ideal positioning near the intersection of Interstate 20 and Highway 158, 10 minutes from Downtown Midland and 15 from Midland Airpark.
Property Overview
2825 E Interstate 20 presents the opportunity to lease an efficient warehouse office facility in the heart of Texas’ prolific Permian Basin. The property sits on 5 acres along Interstate 20, boasting unmatched logistical access to the surrounding market. Distributors can reach either US coast within a day and a half. The facility is fully fenced and made up of 13,228 SF of warehouse space and a 3,753 SF office, for a total of 16,981 SF. The warehouse has two drive-in doors, and the office features a conference/break room, private offices, and a reception area. The regional airport is 15 minutes away, and Downtown Midland can be reached in 10 minutes, placing 2825 E Interstate 20 in the heart of this burgeoning market. The population has exploded in recent years. Growth is expected to continue at an annual rate of 3.4% through 2027, with a median household income of $48,033 within a three-mile radius, providing a robust and affordable labor force. This is partly due to the city’s pivotal location within the Permian Basin, which accounts for 20% of crude oil and 7% of dry natural gas production in the US. Nearly 25% of Midland residents work in the oil and gas industry. Per the city’s recent economic indices, it expects unforeseen growth on the horizon as current global events point toward a sustained jump in drilling demand. These workers will enjoy the property’s proximity to ideal employee amenities: Walmart, Tractor Supply, Starbucks, Dickey’s Barbecue Pit, and more, only five minutes away. With median home values in a 10-mile radius more than $120,000 lower than the national value, there are ample affordable housing opportunities despite the vibrancy of the market, a welcome change to the rapidly rising prices across the nation. 2825 E Interstate 20’s placement in the critical Permian Basin and its well-maintained, efficient layout position the facility as a premier Midland industrial destination. Get in touch.
PROPERTY FACTS
Property Type | Industrial | Rentable Building Area | 16,981 SF |
Property Subtype | Warehouse | Year Built | 2010 |
Property Type | Industrial |
Property Subtype | Warehouse |
Rentable Building Area | 16,981 SF |
Year Built | 2010 |
Features and Amenities
- Fenced Lot
- Yard
- Reception
- Storage Space
- Air Conditioning
Listing ID: 24049205
Date on Market: 9/7/2021
Last Updated:
Address: 2825 E Interstate 20, Midland, TX 79706
The Industrial Property at 2825 E Interstate 20, Midland, TX 79706 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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