Investment Sale: 60 Mo Term, 9% Cap Rate 2716 S County Road 1207 15,000 SF Industrial Building Midland, TX 79706 $3,629,392 CAD ($241.96 CAD/SF) 9% Cap Rate

This 15,000 SF industrial property, located on a 1-acre lot just 0.3 miles south of the I-20 and S Midkiff Rd intersection, offers a compelling investment opportunity defined by its strategic location, robust infrastructure, and attractive financial return. Originally built in 1980 and significantly renovated in 2022, the property is occupied by Cavalier Couriers LLC. They will agree to a 5-year lease term starting at $19,500/Mo with annual 3% escalations ensuring stable, low-maintenance income for five years. With a monthly rent of $19,500 ($15.60/SF/year) and a sale price of $2,600,000 ($173.33/SF), the property delivers a solid 9.00% capitalization rate, reflecting strong cash flow potential and a favorable return on investment. Priced competitively, this asset combines a reliable tenant, a hands-off NNN lease structure, and a high cap rate, making it an excellent choice for investors seeking steady income and growth in a versatile industrial market.
This industrial property boasts 15,000 SF of functional space on a 1 acre lot near Interstate 20 Midland, TX. The 2,000 SF office area is efficiently designed with three private offices—two spacious enough to house two desks each—along with an IT closet, a warehouse office, and 2 restrooms. Recent upgrades include a new water heater, HVAC system, and updated ceiling panels. The property features two distinct shop areas tailored to industrial needs. The primary 8,000 SF shop, measuring 160’ long by 50’ wide with an 18’ eave height, is equipped with (9) 14’x16’ bay doors—including four electric doors and one drive-through bay—making it perfect for medium to large-scale service operations. The secondary 5,000 SF shop/dock enhances versatility with a new loading dock featuring a 19’ ceiling, four new dock loads, while a separate section offers a 22’ ceiling with one overhead door. The site is serviced by septic system and water well. The main building was built in 1980 and renovated in late 2022-early 2023. The dock building was completed in 2025.