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6604 Hwy 80 6604 W Highway 80 1,880 SF Industrial Building Midland, TX 79706 $6,641,040 CAD ($3,532.47 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 | $6,641,040 CAD | Building Class | C |
| Price Per SF | $3,532.47 CAD | Lot Size | 30.00 AC |
| Sale Type | Investment NNN | Rentable Building Area | 1,880 SF |
| Cap Rate | 12% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1980 |
| Property Subtype | Showroom | Tenancy | Single |
| Price | $6,641,040 CAD |
| Price Per SF | $3,532.47 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 12% |
| Property Type | Industrial |
| Property Subtype | Showroom |
| 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 Number | R000007-534 | Improvements Assessment | $117,800 CAD |
| Land Assessment | $250,752 CAD | Total Assessment | $368,552 CAD |
Property Taxes
Parcel Number
R000007-534
Land Assessment
$250,752 CAD
Improvements Assessment
$117,800 CAD
Total Assessment
$368,552 CAD
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6604 Hwy 80 | 6604 W Highway 80
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