Infrastructure Networks — Sale in Midland, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Midland, TX 79707
  • Year built: 2018

Investment Figures

Cap rate
8.92%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The property is a 10,375-square-foot industrial asset situated on 2.50 acres of land. It was delivered in 2018 and features metal construction, six overhead doors, and a gated lot. The property's modern design and construction make it an attractive option for businesses in the industrial sector. Its location between Midland and Odessa, just north of State Highway 191, provides easy access to major transportation routes. The property's proximity to these cities also offers a large pool of potential employees and customers. The industrial asset is well-suited for companies that require a secure and accessible location. The gated lot provides an additional layer of security for the property. The property is fully occupied by Infrastructure Networks, a leading provider of remote communication solutions to the oil and gas industry. Infrastructure Networks has been in operation since 2011 and has over 100 oil and gas clients, making it a stable and reliable tenant. The company has a strong presence in the industry and is well-established, providing a sense of security for investors. The property's lease is structured as a triple net lease, with the tenant responsible for all expenses, making it a hands-off investment opportunity. The lease has approximately five years remaining, with annual rent escalations of 2 percent, providing a potential for long-term growth. This lease structure and the tenant's strong industry presence make the property an attractive option for investors seeking a stable and low-maintenance investment. The property's full occupancy and stable lease provide a sense of security for investors. Investment Highlights: • 10,375-Square-Foot Industrial Asset Situated on 2.50 Acres • Delivered in 2018, Featuring Metal Construction, Six Overhead Doors, and a Gated Lot • Fully Stabilized -Ideal for Investors Seeking a Hands-Off Investment Opportunity with Strong Returns • Fully Occupied by Infrastructure Networks (INET) | Founded in 2011, the Oil & Gas Indus

Market Context

This industrial in Midland, TX is listed for sale. It is offered at an approximate 8.9% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2018. It has been on the market for 100 days. Compare it against other industrial listings for sale in Midland, TX — view the full market.

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