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6604 Hwy 80 6604 W Highway 80 1,880 SF Industrial Building Midland, TX 79706 $6,612,000 CAD ($3,517.02 CAD/SF) 12% Cap Rate
Investment Highlights
- ±30.00 Acres with Hwy 80 frontage
- 12.00% Initial Cap Rate
Executive Summary
Premier single-tenant NNN industrial investment in the heart of the Permian Basin delivering immediate cash flow and long-term yield growth. Located on ±30 acres along W Highway 80 in Midland, TX, this asset offers a strong 12.00% initial cap rate with structured annual rent escalations, providing predictable and increasing income. Positioned within one of the nation’s most active oil & gas corridors, the property combines scale, strategic frontage, and secure tenancy in a high-demand industrial market.
Property Facts
| Price | $6,612,000 CAD | Lot Size | 30.00 AC |
| Price Per SF | $3,517.02 CAD | Rentable Building Area | 1,880 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 12% | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C |
| Price | $6,612,000 CAD |
| Price Per SF | $3,517.02 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 12% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 30.00 AC |
| Rentable Building Area | 1,880 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $246,423 CAD | |
| Land Assessment | $1,354,543 CAD | Total Assessment | $1,600,967 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,354,543 CAD
Improvements Assessment
$246,423 CAD
Total Assessment
$1,600,967 CAD
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6604 Hwy 80 | 6604 W Highway 80
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