2517 E County Road 140 - Industrial LAND FOR SALE


Midland, TX 79706 839,401 SF
$18,415,000 USD
619-884-4875
2517 E County Road 140, Midland, TX for Sale
$18,415,000 USD
Industrial LAND - FOR SALE
1/1
839,401 SF

2517 E County Road 140
Midland, TX 79706


HIGHLIGHTS

  • Five (5) existing buildings
  • Current Tenant: Liberty Lift

OVERVIEW

Kidder Matthews is pleased to present to qualified investors, a newly constructed, single tenant industrial and yard asset leased to Liberty Lift in Midland Texas. The property is situated on over 19 acres of land with 5 existing buildings that were newly built on the property, with a sixth, a machine shop currently being constructed. At the conclusion of the construction of the machine shop, the lease will revert to a fresh 15 year deal. Situated in a prime location in Midland County, this property benefits from easy access to major highways, making it ideal for industrial and commercial purposes. The property houses Liberty Lift Solutions, located in the top producing city of Oil and Gas in the United States. It offers a spacious lot, providing ample room for expansion of the existing tenant or demising the land in the future for additional tenants. Liberty Lift is a privately held, full service artificial lift company and was formed in 2012 as a beam pumping manufacturing company but has since expanded their product line to include gas lifts, hydraulic jet pumps, plunger lifts, down hole rod pumps, PC Pumps and much more. Liberty Lift though a private company, is benefiting from substantial sales, low debt, and solid fundamentals. Their first site was a build-to-suit for them in Midland 13 years ago and fast forward to today, they have grown into over 20 locations nationally. This site is purpose built for Liberty Lift where they have signed a 15 year, absolute NNN lease, featuring 2% annual bumps and no LL responsibilities, giving an investor substantial cash flow and future growth with a dynamic and growing tenant. Please contact broker for further information.

FOR SALE DETAILS

PRICE

$18,415,000 USD

PRICE/ACRE

$955,631/AC

PRICE/SF

$22 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial Park

LAND ACRES

19.27 AC

LAND SF

839,401 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

741300040030

ASK ABOUT THIS PROPERTY

Sam HannaKidder MathewsMore Info
619-884-4875

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Sam HannaKidder MathewsMore Info
619-884-4875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.