Value Add Investment Sale at 10.28% Cap Rate

The property is in Barstow, TX. From the intersection of Business 20 and Mackey Ave in Barstow, travel .26 miles to Concho Street and turn left (West) .03 miles to Mackey Ave and turn right (North) for .03 miles to location on the left (West). Barstow is between Pecos and Monahans Texas and is situated in the Center of the Permian Basin Delaware Shale Play - one of the Largest Oil & Gas Shale Plays in the USA.NRG Realty Group is pleased to present the exclusive offering of 120 Mackey Avenue, a fully leased industrial property located in Barstow, Texas, at the heart of the Permian Basin’s Delaware Shale Play—one of the most active and productive oil and gas regions in the United States. This investment represents a rare opportunity to acquire a stabilized industrial asset with strong tenancy and excellent access to the energy sector’s core markets. The property is 100% leased to Shepard Safety Systems, a Midland-based industrial technology company specializing in gas detection and safety systems for the oil and gas industry. Founded in 2002, Shepard Safety Systems supports over 30 operators nationwide and continues to expand its footprint across key U.S. shale plays. The tenant operates under a Triple Net (NNN) lease, providing investors with a hands-off, low-maintenance income stream and predictable cash flow. Situated on 0.94 acres, the property comprises three buildings totaling ±13,900 square feet built in 2015. The improvements include a combination of office, warehouse, and residential space, all within a fully fenced and secured facility served by city utilities. The north building features 5,000 SF of office and warehouse with high clear heights and drive-through access; the middle building includes climate-controlled storage and two onsite apartments; and the south building offers a ±2,400 SF residential home ideal for onsite management or company housing. Strategically positioned near Business 20, the site provides convenient access to Pecos, Monahans, and Midland, placing it in proximity to major energy operators and service providers. The property’s durable construction, versatile configuration, and strategic location make it well suited for long-term industrial use within the Permian Basin market. At the current rent of $72,000 annually, the offering generates a 10.28% capitalization rate based on a $700,000 asking price, reflecting a compelling return for an investor seeking a stable cash flow, quality tenancy, and exposure to one of the nation’s most resilient energy markets.