1501 and 1515 E County Rd 139 Industrial FOR SALE


Midland, TX
$2,100,000 USD
432-260-0088
, Midland, TX for Sale
$2,100,000 USD
Industrial - FOR SALE
1/2
null | 10% Cap Rate

1501 and 1515 E County Rd 139
Midland, TX


HIGHLIGHTS

  • Low Basis
  • High Yield
  • 10.00% Cap Rate
  • 12,500 SF industrial portfolio
  • The portfolio includes two adjacent single-tenant facilities

OVERVIEW

IWI Realty is pleased to present this exclusive 12,500 SF industrial portfolio situated on ±5 acres in Midland, TX, one of the most active regions within the Permian Basin. The portfolio includes two adjacent single-tenant facilities: a 7,500 SF building leased to Bullet Production Services under a double net lease with 23 months remaining as of September 1, 2025, and a 6,500 SF building leased to Kat Energy Services under a triple net lease with approximately 9 months remaining. Both leases offer passive cash flow with limited landlord responsibilities, with the tenants collectively covering property insurance, taxes, and maintenance obligations. The assets are being offered at a low basis relative to market comparables, creating an opportunity for built-in equity, reduced downside risk, and long-term upside through rental escalations or repositioning.

ASK ABOUT THIS PROPERTY

Larry NielsenIron Wolf IndustrialMore Info
432-260-0088

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Larry NielsenIron Wolf IndustrialMore Info
432-260-0088

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