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8.50% Cap Rate NNN Investment Sale 2208 E County Road 130 8,850 SF 100% Leased Industrial Building Midland, TX 79706 $2,605,436 CAD ($294.40 CAD/SF) 8.50% Cap Rate



Investment Highlights
- Quick Access to Interstate 20, TX-349, and TX-158
- Covered Wash-Bay
- (7) 14’x16’ Overhead Doors forming 3 Drive-Through Bays
- Cap Rate: 8.50% | Lease Term Through 12/31/2030
Executive Summary
This offering features an 8,850 SF industrial facility situated on 2.91 acres at 2208 E County Rd 130 in Midland, Texas, with convenient access to Interstate 20, TX-349, and TX-158. The improvements include 1,500 SF of office space and a functional shop layout with three drive-through bays and (7) 16’ x 14’ overhead doors, supporting efficient logistics, equipment movement, and service-oriented industrial operations. The site configuration and acreage provide operational flexibility that is increasingly scarce in the Midland market.
The property is 100% leased on a five-year absolute NNN basis to the Tenant providing a passive income stream with minimal landlord responsibility. Current rent is $13,500 per month with offering predictable cash-flow while shifting taxes, insurance, and maintenance to the tenant. This lease structure limits expense exposure and enhances income durability.
The Tenant is a West Virginia-based interstate freight carrier and serves industrial and toll-manufacturing supply chains by transporting raw materials and finished goods for third-party processors. The Tenant’s use is operational and logistics-driven rather than consumer-dependent, aligning well with the property’s layout and Midland’s industrial economy. Offered at an 8.5% cap rate, the asset presents an attractive yield profile supported by a true NNN lease, functional improvements, and strong roadway access in the Permian Basin.
This 8,850 SF industrial property sits on approximately 2.91 acres at 2208 E County Rd 130 in Midland, Texas, offering a highly functional layout and excellent access to the region’s primary transportation corridors. The improvements include approximately 1,500 SF of office space, with the balance of the building configured for warehouse and shop operations.
The shop features three drive-through bays and (7) 14’x16’ overhead bay doors, providing efficient circulation and flexibility for equipment-intensive users. Strategically located just minutes from Interstate 20, State Highway 349, and State Highway 158, the property allows for quick ingress and egress throughout Midland and the broader Permian Basin, making it well suited for oilfield service, logistics, or industrial users seeking yard space, accessibility, and operational efficiency.
The property is 100% leased on a five-year absolute NNN basis to the Tenant providing a passive income stream with minimal landlord responsibility. Current rent is $13,500 per month with offering predictable cash-flow while shifting taxes, insurance, and maintenance to the tenant. This lease structure limits expense exposure and enhances income durability.
The Tenant is a West Virginia-based interstate freight carrier and serves industrial and toll-manufacturing supply chains by transporting raw materials and finished goods for third-party processors. The Tenant’s use is operational and logistics-driven rather than consumer-dependent, aligning well with the property’s layout and Midland’s industrial economy. Offered at an 8.5% cap rate, the asset presents an attractive yield profile supported by a true NNN lease, functional improvements, and strong roadway access in the Permian Basin.
This 8,850 SF industrial property sits on approximately 2.91 acres at 2208 E County Rd 130 in Midland, Texas, offering a highly functional layout and excellent access to the region’s primary transportation corridors. The improvements include approximately 1,500 SF of office space, with the balance of the building configured for warehouse and shop operations.
The shop features three drive-through bays and (7) 14’x16’ overhead bay doors, providing efficient circulation and flexibility for equipment-intensive users. Strategically located just minutes from Interstate 20, State Highway 349, and State Highway 158, the property allows for quick ingress and egress throughout Midland and the broader Permian Basin, making it well suited for oilfield service, logistics, or industrial users seeking yard space, accessibility, and operational efficiency.
Property Facts
| Price | $2,605,436 CAD | Rentable Building Area | 8,850 SF |
| Price Per SF | $294.40 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2023 |
| Cap Rate | 8.50% | Clear Ceiling Height | 26’ |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 7 |
| Lot Size | 2.91 AC |
| Price | $2,605,436 CAD |
| Price Per SF | $294.40 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Industrial |
| Lot Size | 2.91 AC |
| Rentable Building Area | 8,850 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Clear Ceiling Height | 26’ |
| No. Drive In / Grade-Level Doors | 7 |
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Property Taxes
| Parcel Number | 00074130.001.0040 | Improvements Assessment | $1,246,250 CAD |
| Land Assessment | $67,743 CAD | Total Assessment | $1,313,993 CAD |
Property Taxes
Parcel Number
00074130.001.0040
Land Assessment
$67,743 CAD
Improvements Assessment
$1,246,250 CAD
Total Assessment
$1,313,993 CAD
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8.50% Cap Rate NNN Investment Sale | 2208 E County Road 130
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