NRG Realty Group has been selected to exclusively market the opportunity to acquire 3211 S. County Rd 1180, Midland, TX – a Single Tenant Net Lease IOS property that is part of a 3-property portfolio. The 5 year lease is held by Dorado Oilfield Services, LLC and expires March 31, 2030. The net lease structure features 2.5% annual escalations, minimal landlord repair responsibilities, and reimbursement of property management fees. Dorado is an oilfield construction company primarily focusing on midstream projects & plant construction. This property is being offered as a stand-alone asset or in conjunction with two additional single tenant net lease assets in the same industrial park leased to Pason & Express Energy Services. The subject property features an 8,000 SF office/warehouse on 4 acres of land and is conveniently located less than .5 mile from I-20.
An excellent location to service the Permian Basin! This 8,000 SF industrial service facility sits on 4.087 Acres. The building includes 1,750 SF of office, 5,000 SF of shop, and a 1,250 SF covered wash-bay. The office space hosts a welcoming reception area, 6 private offices, 1 conference room, 2 office restrooms, and 1 shop restroom. The shop features (6) 16' grade-level doors forming 5 drive-in bays and 1 leading to the wash-bay. The shop also has 3-Phase/480V power and is built 5-ton crane ready. This site is fully fenced with a gated entrance on SCR 1180. Located outside of city limits and outside of the flood zone.