Andrews TX Warehouse - Just Renewed — Sale in Andrews, TX

  • Price: $1.4M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Andrews, TX 79714
  • Size: 10,000 SF

Investment Figures

Cap rate
9.31%
Price per square foot
$145

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

Tenant just RENEWED their lease again showing their commitment to this prime Permian Basin location. This property totals 10,000 SF on 2 Acres. There is 2,000 SF of office space including three private offices, a break room, conference room, and a waiting area with built in secretarial desk. The 8,000 SF warehouse has 6 drive-in bays, (2) 500-pound jib cranes, locker room, shop fans, and shop heaters. There are utility connections for (2) 7-room camp trailers with separate septic. The property also has laundry facilities and a fuel dock. The yard is compacted rock, fully fenced, and fully lit with pole lights. There are two electric gates on Mustang Dr and another at the rear of the property for access to Sunset St. This makes it convenient for trucks to drive through the property. The property is in a great location for any type of service. Building SF: 10000 | Land Size: 2.0 Ac | Listing Type: FOR SALE

Market Context

This industrial in Andrews, TX is listed for sale at $1,449,000 across 10,000 SF ($145/SF). It is offered at an approximate 9.3% capitalization rate, a key benchmark for income-producing industrial assets. It has been on the market for 71 days. Compare it against other industrial listings for sale in Andrews, TX — view the full market.

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