Flynt Avenue Multi-Tenant — Sale in Midland, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Midland, TX 79701
  • Year built: 2010

Investment Figures

Cap rate
9.75%

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 23,175 square-foot multi-tenant industrial asset situated on 2.84 acres. It features metal construction with 16' clear height, eight grade-level doors, and 3-phase heavy power. The building is fully occupied by two tenants on triple-net leases, which minimizes landlord responsibilities. This arrangement allows the landlord to benefit from a steady income stream with reduced maintenance and operational costs. The property's design and layout provide an ideal environment for industrial operations, with ample space for storage, manufacturing, or distribution. The metal construction and high clear height also make it suitable for a variety of industrial uses. The property's location and design make it an attractive option for businesses seeking a functional and efficient industrial space. The property presents a value-add opportunity for investors, as the current rental rates are below market levels. With the slowing supply side pressure in Midland, there is potential for rental rate growth. As of December 2025, there were only 41,000 square-feet of industrial space under construction, indicating a limited supply of new industrial properties. This scarcity could drive up demand and rental rates for existing properties like this one. The property's triple-net leases also provide a stable income stream, allowing investors to focus on renewing tenants or re-leasing the space at higher rates. The building's condition and amenities make it an attractive option for tenants, increasing the likelihood of securing higher rental rates. The potential for rental rate growth makes this property an attractive investment opportunity. The property's location is ideal, with easy access to Interstate 20 and other major streets. This provides tenants with convenient access to transportation routes, facilitating the movement of goods and personnel. The property's proximity to major transportation arteries also enhances its appeal to businesses that rely on efficient logis

Market Context

This industrial in Midland, TX is listed for sale. It is offered at an approximate 9.8% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2010. 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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