Investment Overview

The property in question is a single-tenant industrial asset that spans 11,750 square feet and is situated on a substantial 4.29-acre plot of land. This significant land area provides ample room for potential expansion or additional development in the future. The property's metal construction offers a durable and low-maintenance building solution. With a clear height of 20 feet, the property can accommodate a variety of industrial uses. The presence of nine grade doors facilitates efficient loading and unloading operations. The property's location near I-20 and downtown Midland ensures convenient access to major transportation routes and local amenities. This strategic location enhances the property's appeal to potential tenants and investors. The property is currently occupied by Moriah TFS Operations, a leading aggregate producer in the Permian Basin. This tenant's presence lends credibility to the property's desirability and underscores its suitability for industrial activities. The triple-net lease in place provides a stable source of income, with the tenant responsible for maintenance, property taxes, and insurance. The lease agreement runs through October 2030, offering a lengthy period of guaranteed occupancy. Furthermore, the lease includes above-market 5.0% rent escalations, which will help to maintain the property's income stream over time. This lease structure provides a high degree of security for investors seeking predictable returns. The tenant's commitment to the property is a testament to its quality and location. The Midland market is experiencing a rebound in industrial demand, driven by the region's thriving energy sector. However, this increased demand is not being met with a corresponding surge in new supply, resulting in limited supply side pressure. This imbalance between demand and supply puts upward pressure on rents and enhances the property's potential for long-term appreciation. As a result, the property is well-positioned to capitalize on the region's economic growth. With its strong tenant, favorable lease terms, and strategic location, the property offers an attractive opportunity for investors seeking a stable and profitable industrial asset. The property's characteristics make it an appealing addition to any investment portfolio. Its potential for growth and income generation is substantial.