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1501 and 1515 E County Rd 139 2 Industrial Properties Offered at $2,931,432 CAD in Midland, TX


INVESTMENT HIGHLIGHTS
- Low Basis
- 10.00% Cap Rate
- The portfolio includes two adjacent single-tenant facilities
- High Yield
- 12,500 SF industrial portfolio
EXECUTIVE SUMMARY
IWI Realty is pleased to present this exclusive 12,500 SF industrial portfolio situated on ±5 acres in Midland, TX, one of the most active regions within the Permian Basin. The portfolio includes two adjacent single-tenant facilities: a 7,500 SF building leased to Bullet Production Services under a double net lease with 23 months remaining as of September 1, 2025, and a 6,500 SF building leased to Kat Energy Services under a triple net lease with approximately 9 months remaining. Both leases offer passive cash flow with limited landlord responsibilities, with the tenants collectively covering property insurance, taxes, and maintenance obligations. The assets are being offered at a low basis relative to market comparables, creating an opportunity for built-in equity, reduced downside risk, and long-term upside through rental escalations or repositioning.
PROPERTY FACTS
| Price | $2,931,432 CAD | Number of Properties | 2 |
| Price / SF | $209.39 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 14,000 SF |
| Sale Type | Investment | Total Land Area | 5.23 AC |
| Status | Active |
| Price | $2,931,432 CAD |
| Price / SF | $209.39 CAD / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,000 SF |
| Total Land Area | 5.23 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1501 E CR 139, Midland, TX 79706 | Industrial | 7,500 SF | 2019 | - |
| 1515 E. County Rd, Midland, TX 79706 | Industrial | 6,500 SF | 2018 | - |
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1501 and 1515 E County Rd 139
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