3015 W County Road 135 - Warehouse FOR SALE


Midland, TX 79706
$1,750,000 USD
432-352-6714
3015 W County Road 135, Midland, TX for Sale
$1,750,000 USD
Warehouse - FOR SALE
1/20
null | 9% Cap Rate

3015 W County Road 135
Midland, TX 79706


HIGHLIGHTS

  • NOI: $157,500 | Cap Rate: 9.00%
  • Tenant: NovAmaxa
  • 1,250 SF Covered Wash-Bay

OVERVIEW

NRG Realty Group has been selected to exclusively market 3015 WCR 135, a stabilized industrial investment opportunity in Midland, Texas. The 8,750 SF facility was newly constructed in 2025 and sits on 3.07 Acres just south of I-20, offering a functional industrial configuration well suited to Permian Basin operations. The property is 100% leased to NovAmaxa Services LLC, a specialized engineering and manufacturing company focused on custom vehicle builds and custom cable solutions. NovAmaxa’s Midland facility serves as its primary service center and supports the company’s growing operations. The NNN lease commenced March 1, 2026 and extends through February 28, 2031, with $500 annual monthly rent escalations and no renewal options. The offering is priced at $1,750,000, reflecting a 9.00% cap rate on current annual NOI of $157,500. This offering provides investors the opportunity to acquire a newer, fully leased industrial asset with a strong in-place yield, established tenant, and long-term presence in the Permian Basin. This 8,750 SF industrial facility sits on 3.07 acres and is ideally positioned just south of Interstate 20 in Midland, TX. Designed for functionality and efficiency, the improvements include 1,500 SF of modern office space featuring 4 private offices, a reception area, conference room, break room, two restrooms, and a shower. The 6,500 SF shop has a 22’ ceiling height and is built crane-ready with structural support for up to a 5-ton crane. Other shop amenities include (7) 14’x16’ overhead doors forming 3 drive-through bays plus an additional drive-in bay accessed from the covered wash-bay. The 1,250 SF covered wash-bay drains into (2) 1,500-gallon underground poly tanks. The property is fully fenced and secured with two 20’ rolling gates and is accessed via a private, low-traffic road that has been recently improved with asphalt millings. Additional improvements include 3-phase electrical service, a private water well, and an on-site septic system. This facility offers a rare combination of new construction, acreage, and security in the Midland market.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9.00% Cap Rate Permian Investment Opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

13

LAND DETAILS

LAND ACRES

3.07

LAND SF

133,729

ZONING

County, None

APN/PARCEL ID

R000226838

ASK ABOUT THIS PROPERTY

Amy Brasher BarnettNRG Realty Group, LLCMore Info
432-352-6714

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Amy Brasher BarnettNRG Realty Group, LLCMore Info
432-352-6714

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