5500 N County Road 1150 | Midland, TX 79705
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- LoopNet Team
5500 N County Road 1150
Midland, TX 79705
Industrial Property For Sale
Investment Highlights
- Corporate Parent Guaranty, 11+ Years of lease term remaining
- Rents are below market for comparable industrial Net-Leased build-to-suits
- Priced below replacement cost with 40 acres of land (35 acres stabilized)
- Absolute NNN Lease Structure with 2% annual rent increases
- Highly Functional Layout- multiple free-standing buildings with adjoining office space
- Heart of the Permian Basin, the largest single source of oil and gas in the United States
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Building Class | B | Year Built | 2007 |
| Lot Size | 40.04 AC | Tenancy | Single |
| Rentable Building Area | 82,675 SF | Parking Ratio | 0.94/1,000 SF |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 40.04 AC |
| Rentable Building Area | 82,675 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Tenancy | Single |
| Parking Ratio | 0.94/1,000 SF |
PROPERTY TAXES
| Parcel Number | R000204-644 | Improvements Assessment | $8,776,160 |
| Land Assessment | $300,000 | Total Assessment | $9,076,160 |
PROPERTY TAXES
Parcel Number
R000204-644
Land Assessment
$300,000
Improvements Assessment
$8,776,160
Total Assessment
$9,076,160
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