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2202 TX-40 Loop
Midland, TX 79706
PepsiCo Distribution Center · Industrial Property For Sale
Investment Highlights
- MISSION-CRITICAL DISTRIBUTION HUB FOR PEPSICO
- NET LEASE WITH RENTAL ESCALATION
- STRATEGIC LOCATION WITH EXCEPTIONAL LOGISTICS CONNECTIVITY
- RELOCATION SITE WITH TENANT-DRIVEN EXPANSION CAPABILITY
- BEST-IN-CLASS TENANT WITH CORPORATE GUARANTY
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire a fee simple interest in the Pepsi Distribution Warehouse located in Midland, TX (the “Property”). The Property consists of a 30,389-square-foot industrial facility situated on a 5.8-acre parcel of land. Pepsi has been operating from this location since 2020, supporting its regional distribution network and logistics operations.
Property Facts
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.40% | Year Built | 2020 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 3.29/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 5.80 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 30,389 SF | ||
| Zoning | I-1 - Industrial Distribution | ||
| Sale Type | Investment NNN |
| Cap Rate | 6.40% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 5.80 AC |
| Rentable Building Area | 30,389 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Tenancy | Single |
| Parking Ratio | 3.29/1,000 SF |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-1 - Industrial Distribution |
Property Taxes
| Parcel Number | R000026-930 | Improvements Assessment | $4,145,134 CAD |
| Land Assessment | $355,479 CAD | Total Assessment | $4,500,613 CAD |
Property Taxes
Parcel Number
R000026-930
Land Assessment
$355,479 CAD
Improvements Assessment
$4,145,134 CAD
Total Assessment
$4,500,613 CAD
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