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10900 W County Road 47
Midland, TX 79707

EnerCorp · Industrial Property For Sale

Investment Highlights

  • EnerCorp is currently operating under a 7-year Absolute NNN lease with zero landlord responsibilities, providing a long-term, passive investment.
  • IOS: ±14 ACRES OF INDUSTRIAL OUTDOOR STORAGE
  • The Permian Basin has more than 260,000 professionals in the regional labor pool, of which a large portion are located in Midland.
  • The Property sits on an expansive 14.3-acre site, providing long-term upside and future expansion opportunities for the Landlord.
  • The Property was constructed as a built-to-suit for EnerCorp who consolidated two of their West Texas locations into one custom facility.

PROPERTY FACTS

Sale Type Investment NNN
Net Initial Yield 8.35%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 14.30 AC
Rentable Building Area 26,250 SF
Number of Floors 2
Year Built 2023
Tenancy Single
Parking Ratio 1.9/1,000 SF
  • Listing ID: 33352459

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 10900 W County Road 47, Midland, TX 79707

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